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Union Properties' Q1 Profit, Revenue Rise

MT Newswires·05/13/2026 00:02:35
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12:02 AM EDT, 05/13/2026 (MT Newswires) -- Union Properties (DFM:UPP) said Tuesday that its profit and revenue from contracts with customers for the first quarter jumped year over year. Profit for the three months ended March 31 was 11.8 million Emirati dirhams, compared with 5.8 million dirhams a year ago. EPS moved to 0.0028 dirham from 0.0014 dirham. The Dubai-listed real estate company's revenue from contracts with customers was 271.4 million dirhams, compared with 163.2 million dirhams previously.