{"id":12072,"date":"2019-08-20T14:56:15","date_gmt":"2019-08-20T14:56:15","guid":{"rendered":"https:\/\/onplan.ae\/union-properties-posts-interim-consolidated-financial-results-for-h1\/"},"modified":"2019-08-20T14:56:15","modified_gmt":"2019-08-20T14:56:15","slug":"union-properties-posts-interim-consolidated-financial-results-for-h1","status":"publish","type":"post","link":"https:\/\/onplan.ae\/ar\/union-properties-posts-interim-consolidated-financial-results-for-h1\/","title":{"rendered":"Union Properties posts interim consolidated financial results for H1"},"content":{"rendered":"<div>\n<p><strong>Dubai \u2013 Mubasher:<\/strong>&nbsp;<a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/UPP\">Union Properties<\/a>, listed on the Dubai Financial Market (DFM), has reported its interim consolidated financial results for the first half of 2019.<\/p>\n<p>Loss for H1-19 attributable to shareholders amounted to AED 82.32 million, against a profit of AED 207.42 million in H1-18, according to the company\u2019s financial results statement.<\/p>\n<p>Loss per share (EPS) stood at AED 0.0192 in the six-month period ended 30 June 2019, versus AED 0.0484 in the prior-year period.<\/p>\n<p>Revenue from contracts with consumers fell to AED 207.60 million in H1-19, versus AED 239.66 million in the year-ago period.<\/p>\n<p>In the second quarter of 2019, the company has incurred a loss of AED 84.071 million, against achieving a profit of AED 24.70 million.<\/p>\n<p>Total assets amounted to AED 6.17 billion at the end of June 2019, versus AED 6.27 billion as of 31 December 2018.<\/p>\n<p>In May, Union Properties reported its <a href=\"https:\/\/english.mubasher.info\/news\/3479933\/Union-Properties-unaudited-results-show-plunge-in-Q1-profits\">unaudited financial results<\/a> for Q1-19, with a profit for attributable to shareholders of AED 1.75 million, compared to AED 182.7 million in Q1-18.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<div>\n<p><strong>Dubai \u2013 Mubasher:<\/strong>&nbsp;<a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/UPP\">Union Properties<\/a>, listed on the Dubai Financial Market (DFM), has reported its interim consolidated financial results for the first half of 2019.<\/p>\n<p>Loss for H1-19 attributable to shareholders amounted to AED 82.32 million, against a profit of AED 207.42 million in H1-18, according to the company\u2019s financial results statement.<\/p>\n<p>Loss per share (EPS) stood at AED 0.0192 in the six-month period ended 30 June 2019, versus AED 0.0484 in the prior-year period.<\/p>\n<p>Revenue from contracts with consumers fell to AED 207.60 million in H1-19, versus AED 239.66 million in the year-ago period.<\/p>\n<p>In the second quarter of 2019, the company has incurred a loss of AED 84.071 million, against achieving a profit of AED 24.70 million.<\/p>\n<p>Total assets amounted to AED 6.17 billion at the end of June 2019, versus AED 6.27 billion as of 31 December 2018.<\/p>\n<p>In May, Union Properties reported its <a href=\"https:\/\/english.mubasher.info\/news\/3479933\/Union-Properties-unaudited-results-show-plunge-in-Q1-profits\">unaudited financial results<\/a> for Q1-19, with a profit for attributable to shareholders of AED 1.75 million, compared to AED 182.7 million in Q1-18.<\/p>\n<\/p><\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12072","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/comments?post=12072"}],"version-history":[{"count":0,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12072\/revisions"}],"wp:attachment":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media?parent=12072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/categories?post=12072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/tags?post=12072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}