(AFX UK Focus) 2009-10-25 07:17 CORRECTED-UPDATE 1-Dubai’s Emaar net Q3 profit rises on margin (Interactive Investor)
DUBAI, Oct 22 (Reuters) – Dubai’s Emaar Properties said third-quarter net operating profit rose 53 percent, helped by higher margins on property delivered in the period. Emaar, in the midst of merging with three real estate subsidiaries of Dubai Holding, said July-September net operating profit was 655 million dirhams ($178 million), to be 48 percent higher quarter-on-quarter. “The increase in …
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