| 25.04.2011 - Emaar profit falls 45pct, missing estimates, on Burj Khalifa handover drop |
| Emaar Properties PJSC (EMAAR), the builder of the world’s tallest tower in Dubai, reported a 45 percent decline in first-quarter profit, missing analyst estimates, as it delivered fewer units in Burj Khalifa. Net income fell to 421 million dirhams ($115 million), or 7 fils a share, from 761 million dirhams, or 12 fils share in the year-earlier period, the company said in an e-mailed statement today..............................................Full Article: Source |