Dubai – Mubasher: The net profits of Emaar Properties decreased by 8% to AED 1.56 billion during the first half (H1) of 2021, compared to AED 1.698 billion in the corresponding half of 2020.

The company's revenues jumped by 52% to AED 12.5 billion in the first six months of 2021 from AED 8.22 billion in the year-ago period, according to a press release on Wednesday.

The earnings per share (EPS) settled at AED 0.22 in H1-21, against AED 0.24 in the same period of 2020.

In the second quarter (Q2) of 2021, the company's net profits declined by 17% to AED 903 million, against AED 1.089 billion in the same quarter of 2020.

It is noteworthy to mention that in the first quarter (Q1) of 2021, the company's net profits increased by 8% to AED 657 million from AED 609 million in the same quarter of 2020.