Sunday 19, October 2008 by
Emaar net operating profit up by 15 per cent from 2007
Emaar Properties has posted revenue and net operating profits of $3.4 billion and $1.5 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 $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 per cent as compared to the net operating profit of $1.3 billion for the same period in 2007.
