Font Size

- Aa +

Sat 19 May 2007 12:00 AM

Font Size

- Aa +

Strong Q1 growth for Sorouh

Sorouh Real Estate PJSC has announced operational net profits of US $30.95 million (AED113.7 million) for the first quarter of 2007.

Sorouh Real Estate PJSC has announced operational net profits of US $30.95 million (AED113.7 million) for the first quarter of 2007.

During the first three months of the year, Sorouh achieved sales of land, villas and apartments of $435 million, a statement said.

The developer also awarded construction contracts valued at over $898 million during the first three months of the year.

These included the main construction contract at Golf Gardens and the Sky Tower, which will be Abu Dhabi's highest tower once completed.

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.