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Emaar EC Q3 profit rockets 165.6% to SAR 47.8m

Emaar EC Q3 profit rockets 165.6% to SAR 47.8m
EMAAR EC
4220
-0.41% 7.29 -0.03
Emaar The Economic City (Emaar EC) reported SAR 47.8 million net earnings for the third quarter until Sept. 30, 2014.
Q3 net earnings are 165.56% higher than SAR 18 million in Q3 2013 but 77.54% down from SAR 212.8 million in Q2 2014.
The real estate developer reported SAR 310.5 million net earnings for the first nine months of 2014, soaring 1,560.43% from SAR 18.7 million in the same period of last year.