Dubai – Mubasher: Majid Al Futtaim is currently auditing financial results for the fiscal year 2015 with growth in profits and revenues above the figures recorded a year earlier, said CEO Alain Bejjani.
The group earlier posted $1 billion in earnings for FY14.
Speaking to CNBC Arabia, the top executive added that the group's assets value exceeds $10 billion across various sectors.
Bejjani also indicated that Majid Al Futtaim is confident in its future results despite the prevalent downbeat atmosphere, as the group owns a special outlook for the retail sector.
The CEO also noted that the group has no plans cut its labor force that currently stands at 32,100 employees.