
Damac Properties, reported a 86.6 per cent slide in its second-quarter net profit due to rise in costs and expenses. Chris Whiteoak / The National
Damac Properties, reported a 86.6 per cent slide in its second-quarter net profit due to rise in costs and expenses. Chris Whiteoak / The National
Damac’s Q2 profit drops 87% as revenue declines and expenses rise
The company’s revenue dips to Dh971m and expenses widen to Dh238m