Union Properties expects H1 profit to jump fivefold


Published: Jul 02, 2014
Source: Emirates 24|7

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Union Properties expects H1 profit to jump fivefold

Sees profits reaching Dh700m as property sector recovers

Dubai's Union Properties expects its profit in the first half of this year to soar to Dh700 million ($191 million), the developer said in a bourse statement on Tuesday.

That would mean a jump of 418 per cent from the corresponding period of 2013 when the company earned Dh135.2 million - By Reuters. Read more>>>

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