September 25, 2022

Dubai Week

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Emaar Malls has achieved a net profit of one billion dirhams in 9 months

Emaar Malls has achieved a net profit of one billion dirhams in 9 months

Emaar Malls, listed on the Dubai Financial Markets, reported net profit of 1.07 billion dirhams ($ 291 million) for the first nine months of 2021, with revenues of 3.191 billion dirhams ($ 869 million).

Emaar Malls reported a net profit of 448 million dirhams for the third quarter (July to September 2021), compared to revenues of 1.143 billion dirhams.

In turn, the electronic platform “Namshi”, which specializes in online commerce for fashion and lifestyle products, and “Emaar Malls” wholly owned, reached sales of 320 million dirhams in the third quarter of 2021.

Emer Malls confirmed in a statement yesterday that the occupation levels of properties represented at Dubai Mall, Dubai Marina Mall, Gold and Diamond Complex, Souk Al Bahar and shopping centers within the premises maintained their flexibility in the third quarter of this year. 2021, at a rate of 91%.


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