Abu Dhabi – Mubasher: RAK Properties registered net profits amounting to AED 67.90 million in the first quarter (Q1) of 2025, higher than AED 41.45 million in Q1-24.
Revenue hiked by 28% year-on-year (YoY) to AED 370.27 million as of 31 March 2025 from AED 289.81 million, according to the financial results.
Basic and diluted earnings per share (EPS) went up to AED 0.023 in Q1-25 from AED 0.020 a year earlier.
In the 12-month period that ended on 31 December 2024, the ADX-listed company logged net profits worth AED 280.91 million, an annual surge from AED 201.81 million.
