Abu Dhabi – Mubasher: RAK Properties reported a 8.07% year-on-year rise in its profits during the second quarter of 2017, according to a bourse statement.
Profits reached AED 21.8 million ($5.92 million) in Q2-17, compared to AED 20.15 million in Q2-16.
Revenues went up 27% to AED 95.76 million in Q2-17, compared to AED 5.52 million in Q2-16.
In the first half of 2017, profits increased 59.4% to AED 61.66 million from AED 38.69 million in the prior-year period.
