AED 65.2 million profit for Deyaar Development for the first half

Deyaar Development Company announced positive financial results in the first half of 2018. Deyaar Development recorded a turnover of AED 314 million for the period ended June 30, 2018, down 0.7% compared to 316 million AED. Net profit of 65.2 million from AED for the first half, down 2.6% from the first half of 2017.

Said Al Qutami, CEO of Deyaar Development "Financial performance of the second quarter , the first six months of this year in general, reflects the positive results As we make significant progress on hotels and apartments "Atria", "Midtown", "Deya" and "Al Barsha", we are confident that we can expand Deyaar's portfolio and continue to get more positive results, (19659002) This month, Deyaar announced the start of delivery of the residential tower to Atria, the second project in 2018. Earlier this year, the company delivered the two towers to the Mon Rose project at the Dubai Science Park. 19659002]