Emaar Properties, the builder of the world’s tallest tower, on Tuesday recorded a net operating profit of Dh843 million in the first six months of 2011, and said it would roll out a five-year corporate strategic action plan to drive long-term value creation.
Despite a drop in delivery of new units in the second quarter, the better performance was due to “superior performance of the hospitality and malls businesses and higher margins,” the Dubai-based developer said.
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