Dubai Investments announces a surge in H1 profits by 47%

The Company reported a 47% surge in net profits to AED 302 million for the 6-month period ended 30 June 2021 as compared to AED 205 million for the same period last year. The increase in net profit for the period was mainly attributed to enhanced performance of the manufacturing and contracting and investment segments.

Total income for the period also increased by 51% to AED 1.72 billion as compared to AED 1.14 billion for the previous period as the Group ramped up sales in its property segment.