{"id":12086,"date":"2019-08-20T14:56:27","date_gmt":"2019-08-20T14:56:27","guid":{"rendered":"https:\/\/onplan.ae\/emaar-malls-records-aed-1-13bn-net-profit-in-h1-19\/"},"modified":"2019-08-20T14:56:27","modified_gmt":"2019-08-20T14:56:27","slug":"emaar-malls-records-aed-1-13bn-net-profit-in-h1-19","status":"publish","type":"post","link":"https:\/\/onplan.ae\/ar\/emaar-malls-records-aed-1-13bn-net-profit-in-h1-19\/","title":{"rendered":"Emaar Malls records AED 1.13bn net profit in H1-19"},"content":{"rendered":"<div>\n<p style=\"text-align: justify;\"><strong>Dubai \u2013 Mubasher: <\/strong><a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/EMAARMALLS\">Emaar Malls<\/a> achieved a year-on-year growth of 3% in net profits during the first six months of 2019.<\/p>\n<p style=\"text-align: justify;\">Net profit stood at to AED 1.130 billion ($308 million) in H1-19, compared to AED 1.102 billion ($300 million) in the corresponding period a year ago, according to a bourse filing on Wednesday.<\/p>\n<p style=\"text-align: justify;\">Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a revenue AED 2.227 billion ($606 million) in H1-19, an increase of 6% when compared to AED 2.103 billion ($573 million) in H1-18.<\/p>\n<p style=\"text-align: justify;\">During the second quarter of 2019, the company which listed on the Dubai Financial Market (DFM) posted an 8% rise in revenues to AED 1.152 billion ($314 million), compared to AED 1.065 billion ($290 million) in the same quarter last year, while <a href=\"https:\/\/english.mubasher.info\/news\/3469067\/Emaar-Malls-Q1-profits-grow-7-\">Emaar Malls registered a 7% increase <\/a>when compared to AED 1.075 billion ($293 million) in the first quarter of 2019.<\/p>\n<p style=\"text-align: justify;\">\u201cCreating sustained value for its shareholders, Emaar Malls distributed a cash dividend of AED 1.301 billion ($354 million), equivalent to 10% of share capital, for the fourth consecutive year, during the second quarter of the year,\u201d the company\u2019s statement added.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<div>\n<p style=\"text-align: justify;\"><strong>Dubai \u2013 Mubasher: <\/strong><a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/EMAARMALLS\">Emaar Malls<\/a> achieved a year-on-year growth of 3% in net profits during the first six months of 2019.<\/p>\n<p style=\"text-align: justify;\">Net profit stood at to AED 1.130 billion ($308 million) in H1-19, compared to AED 1.102 billion ($300 million) in the corresponding period a year ago, according to a bourse filing on Wednesday.<\/p>\n<p style=\"text-align: justify;\">Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a revenue AED 2.227 billion ($606 million) in H1-19, an increase of 6% when compared to AED 2.103 billion ($573 million) in H1-18.<\/p>\n<p style=\"text-align: justify;\">During the second quarter of 2019, the company which listed on the Dubai Financial Market (DFM) posted an 8% rise in revenues to AED 1.152 billion ($314 million), compared to AED 1.065 billion ($290 million) in the same quarter last year, while <a href=\"https:\/\/english.mubasher.info\/news\/3469067\/Emaar-Malls-Q1-profits-grow-7-\">Emaar Malls registered a 7% increase <\/a>when compared to AED 1.075 billion ($293 million) in the first quarter of 2019.<\/p>\n<p style=\"text-align: justify;\">\u201cCreating sustained value for its shareholders, Emaar Malls distributed a cash dividend of AED 1.301 billion ($354 million), equivalent to 10% of share capital, for the fourth consecutive year, during the second quarter of the year,\u201d the company\u2019s statement added.<\/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":[947],"tags":[],"class_list":["post-12086","post","type-post","status-publish","format-standard","hentry","category-financial-results"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12086","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=12086"}],"version-history":[{"count":0,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12086\/revisions"}],"wp:attachment":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media?parent=12086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/categories?post=12086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/tags?post=12086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}