BRIEF-Emaar Economic City Q1 Loss SAR 180 Million

EMAAR EC
Tadawul All Shares Index

EMAAR EC

4220.SA

0.00

Tadawul All Shares Index

TASI.SA

0.00

May 12 (Reuters) - Emaar The Economic City SJSC 4220.SE:

  • EMAAR ECONOMIC CITY Q1 NET PROFIT SAR -180 MILLION

  • EMAAR ECONOMIC CITY Q1 SALES SAR 157 MILLION

  • EMAAR ECONOMIC CITY- QUARTER SAW INCREASE IN OPERATIONAL EXPENSES

  • EMAAR ECONOMIC CITY- QUARTER SAW HIGHER EMPLOYEE RELATED COST AND INCREASED MARKETING SPEND

  • EMAAR ECONOMIC CITY- QUARTER SAW PROVISION FOR EXPECTED CREDIT LOSSES

  • EMAAR ECONOMIC CITY- QUARTER SAW REDUCTION IN FINANCE COSTS

  • EMAAR ECONOMIC CITY- QUARTER SAW 53% INCREASE IN SALES OF RESIDENTIAL UNITS AND LAND

  • EMAAR ECONOMIC CITY- QUARTER SAW 46% INCREASE IN OPERATIONAL REVENUE

Source text: ID:nSSE5RScgf

Further company coverage: 4220.SE


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