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Emaar makes AED 2.5 bln profit in FY13

Emaar makes AED 2.5 bln profit in FY13
Emaar
EMAAR
-1.07% 8.29 -0.09
Emaar Properties released financial statements for FY13, which reflected net earnings of AED 2.540.615.000, compared to AED 2.106.924.000 in FY12. Profit before tax reached AED 2.553.388.000, compared to AED 2.111.161.000 in FY12. FY13 gross profit amounted to AED 5.149.125.000, compared to AED 4.178.877.000 in FY12. FY13 revenue hit AED 10.328.472.000, compared to AED 8.239.928.000 in FY12. FY13 total assets reached AED 64.931.931.000, compared to AED 61.151.191.000 in FY12.