MAF Properties posts profit rise in FY15

Dubai – Mubasher: Majid Al Futtaim Properties said Friday it posted a 27% increase in net profit for 2015.

MAF Properties’ net profit rose to about AED3.5 billion last year from about AED2.7 billion a year earlier, the company said.

Revenue increased to AED 4.15 billion from AED 3.85 billion a year earlier.

Mubasher Contribution Time: 25-Mar-2016 10:56 (GMT)