UAE- Green Valley profit up 15%


(MENAFN- Khaleej Times) The company achieved a net revenue of dh20 million compared to a net revenue of dh50 million in the first quarter of 2013

Green valley international real estate has announced a net profit of dh20 million in the first quarter of 2014 a 15 per cent increase over the dh17 million achieved in the first quarter last year.


The company achieved a net revenue of dh20 million compared to a net revenue of dh50 million in the first quarter of 2013. the growth during the first quarter was a result of the impressive response and delivery from its iconic developments across the uae lebanon and turkey. the net worth of the company increased to dh3 billion at the end of march 31 2014.


General manager ali saeed al salami said: “the quarter-on-quarter profits... underscores the value and growth potential of our company in line with our strategic plans.”


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