According to the latest financial report, the net profit of Emaar Properties, attributable to the shareholders, increased by 8.1% in the first half of 2021 compared to the equivalent period of the previous year, reaching 3.192 billion dirhams (869 million dollars).
It is noted that the revenue from real estate sales increased by 46% to 10.5 billion dirhams (2.86 billion dollars), while the gross profit grew by 58% and amounted to 6.2 billion dirhams (1.69 billion dollars).
The company reported that these indicators have reached record levels over the last six years, thanks to improved operational performance in the recovery period following the COVID-19 pandemic. Furthermore, dividends for the first half of 2021 amounted to 15 fils per share.
Bahar Alabbar, Chairman of Emaar Properties, emphasized: "Our strategy focusing on key assets continues to deliver stable and sustainable financial results. We are confident in the long-term potential of our operations and foresee further growth in the future."
