Press Release: RAK Properties registers net profit of Dhs68.66m in the first half of 2011
RAK Properties (PJSC), Ras Al Khaimah's biggest property developer listed on Abu Dhabi Stock Exchange, announced financial results for the first half of the fiscal year that ended June 30, 2011. The company has posted a net profit of Dhs68.66m in the first half while its total sales revenue recognized at the end of 6 months operation of the 2011 fiscal year amounted to Dhs65.42m with an increase of Dhs18.52m compared with the corresponding period of last year.
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