Emaar Malls Q3 profit rises 16%

Dubai – Mubasher: Emaar Malls’ profits for the third quarter of fiscal 2016 grew by 16% to AED 435 million ($118 million), versus AED 376 million ($102 million) for Q3-15.

Net profit for the first nine months of 2016 reached AED 1.42 billion, compared to AED 1.22 billion for the same period of 2015, according to a bourse filing.

The company earlier posted a net profit of AED 458 million for Q2-16, 11% up from AED 412 million for Q2-15.

Mubasher Contribution Time: 06-Nov-2016 11:59 (GMT)
Mubasher Last Update Time: 06-Nov-2016 11:59 (GMT)