RAK Properties posts AED 191.82m net profit in 2017
RAK Properties
RAKPROP
RAKPROP
Abu Dhabi – Mubasher: RAK Properties on Sunday reported a 9.7% year-on-year growth in net profit for 2017.
The firm's net profit registered AED 191.82 million in the last four quarters, compared to AED 174.81 million a year earlier, according to a statement to the Abu Dhabi Securities Exchange (ADX).
The ADX-listed developer's operating profits jumped 14% year-on-year to AED 204.45 million during 2017.
Source:
Mubasher
