Abu Dhabi-based property developer Eshraq Properties turns profitable in the third quarter of 2017 against losses incurred in the prior year period, Invest-Gate reports.

The developer has achieved net profits of AED 685,000 in Q3-17 against losses of AED 48.5 mn in the prior-year period, according to a company filing to the Abu Dhabi Securities Exchange (ADX).

Revenues has amounted to AED 5.3 mn in Q3-17 compared to AED 5.1 mn in Q3-16.