Aldar Properties shares rise 0.46%, coinciding with the announcement of financial results

Muhammad Shaker – Mubasher: The share of Aldar Properties, listed on the Abu Dhabi Securities Exchange, rose during today’s trading, coinciding with the announcement of its financial results for the first nine months of 2022.

By 12:15 pm UAE time, the stock rose by 0.46 percent, reaching a price of 3.380 dirhams.

According to market data, the stock witnessed trading of 4.978 million shares, with a value of 21.648 million dirhams.

The profits of Aldar Properties increased by 32 percent, at the end of the first nine months of this year, compared to the profits of the same period last year.

The company indicated that its profits amounted to 2.028 billion dirhams at the end of the first nine months 2022, compared to profits of 1.536 billion dirhams during the same period in 2021..

Revenues increased by 28% at the end of the first nine months of 2022, compared to revenues for the same period of the previous year.

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