Aldar Sees AED 601 mn Profits in Q3

Aldar Sees AED 601 mn Profits in Q3

Abu Dhabi-based property developer Aldar Properties posts net profit of AED 601 mn in the third quarter of 2017, Invest-Gate reports.

Revenues reached AED 1.38 bn in Q3-17, according to a bourse statement.

In the first nine months of 2017, the company posted profits worth AED 1.86 bn.

Development sales amounted to AED 604 mn in Q3-17 and AED 2.4 bn in the nine-month period ended September 30, 2017.

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