Abu Dhabi’s Aldar Properties net profit increases 15% in Q1 2016

Aldar Properties PJSC , Abu Dhabi’s leading listed property development, investment and management company, announced net profit of AED 654 million for the first quarter ended 31 March 2016, up 15% from AED 571 million in Q1 2015. In the first quarter, gross profit from recurring revenue increased by 10% to AED 403 million versus …