![Damac Properties, reported a 86.6 per cent slide in its second-quarter net profit due to rise in costs and expenses. Chris Whiteoak / The National](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/B2TCCGO4IFC5FAGXMCKTAMGP5Q.jpg?smart=true&auth=37be4ea25d42890443d7944565881d59d577466783e03e6d878a57088af21168&width=400&height=225)
Damac Properties, reported a 86.6 per cent slide in its second-quarter net profit due to rise in costs and expenses. Chris Whiteoak / The National
Damac Properties, reported a 86.6 per cent slide in its second-quarter net profit due to rise in costs and expenses. Chris Whiteoak / The National
Damac’s Q2 profit drops 87% as revenue declines and expenses rise
The company’s revenue dips to Dh971m and expenses widen to Dh238m