RAK Properties PJSC (ADX: RAKPROP), Ras Al Khaimah’s pioneering publicly listed property developer, has today disclosed an exceptional financial performance for the fiscal year ended 31 December 2023.
UAE: RAK Properties hit Dh201.82 million net profit in 2023, shatter previous records khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
RAK Properties, a leading developer in UAE, has recorded solid revenue for FY2023 which soared to AED 1.04 billion ($283 million), thus registering a two-fold growth over the previous year, while its net profit surged to AED201.82 million ($55 million).
UAE: RAK Properties Hit Dh201.82 Million Net Profit In 2023, Shatter Previous Records menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.