20.10.2008 - Emaar net operating profit records an increase of 15% from 2007
From Albawaba.com: Emaar Properties PJSC posted revenue and net operating profits of AED 12.520 billion (US$ 3.409 billion) and AED 5.573 billion (US$ 1.517 billion), respectively, for the first nine months of 2008, supported by strong domestic revenues and profit. The revenue is similar to the first nine months 2007 revenue of AED 12.727 billion (US$ 3.465 billion) as higher revenues from Dubai operations were set off by decreased revenue from J L Homes in the US. The net operating profit is higher by 15% as compared to the net operating profit of AED 4.839 billion (US$ 1.317 billion) for the same period in 2007..... Full Article: Source
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