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financials
CEO Peter Pollard shows disappointment in group's performance and says legacy projects to be handedover
Revenues grew by 2% to reach $357m for nine months ending on 30 September 2019
Revenues for nine months also noted a 46% YoY drop to $762m as the developer
Profits were affected by higher non-recurring income in 2018 incurred on government payments for completed
Around 31% of the zero-deficit federal budget is allocated to social development, and $490m is
Profits and total comprehensive income fell to $28.5m (BD10.7m) in Q3 2019, compared to $38.1m
The $77.5-million transaction includes the acquisition of plots in Dubai's Al Sufouh and Business Bay
Switzerland-listed bank to "assist in the preliminary review and evaluation" of the companies' potential business
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Nov 23, 2019