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RAK Properties Posts Lower H1 Net Profit, Revenue

MT Newswires·08/06/2026 23:53:45
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11:53 PM EDT, 08/06/2026 (MT Newswires) -- RAK Properties (ADX:RAKPROP) said Thursday its net profit and revenue for the first half fell year over year. Net profit after tax for the six months ended June 30 was 76.7 million Emirati dirhams, compared with 160.6 million dirhams a year ago. EPS moved to 0.026 dirham from 0.054 dirham. The Abu Dhabi-listed real estate company's revenue was 533.1 million dirhams, compared with 774.8 million dirhams earlier.