Revenue gains take Damac to Dh3.7b in H1-18
Damac Properties recorded an improvement in revenues in the first six months, at Dh3.7 billion against the Dh3.5 billion in the first half of 2017. But there was a sharp decline in net profit to Dh862 million from first-half last year’s Dh1.6 billion. Gross profit for the first half of 2018 was Dh1.4 billion. The…