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RAK Properties H1 profit rises slightly to AED 52 mln

RAK Properties H1 profit rises slightly to AED 52 mln
RAK Properties
RAKPROP
0.83% 1.21 0.01
Financial results for the first half of 2014 for Ras Al Khaimah Properties (RAK Properties), posted on the Abu Dhabi Securities Exchange (ADX), show a net profit of AED 51.6 million compared to AED 51 million during the first half of 2013, registering a slight increase by one percent.

The Company’s revenue reached AED 149.4 million compared to AED 147.6 million during the H1-13.