Get latest articles and stories on World at LatestLY. Union Properties maintained strong positive momentum during the first quarter of 2023 as it continued to successfully implement its turnaround strategy. The company reported a net profit of AED 12.3 million in Q1 2023 compared to a net loss of AED 12.5 million during the same period last year. World News | Union Properties Delivers Net Profit of AED 12.3 Mn in Q1 2023.