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DUBAI, Oct 24 (Reuters) - Dubai's Deyaar Development
DEYR.DU
reported a 22.5 percent rise in third-quarter net profit on Monday as revenue surged.
* The company made a profit of 56.5 million dirhams ($15.4 million) in the three months to Sept. 30, according to a financial statement.
* This compares with a profit of 46.1 million dirhams in the corresponding period of 2015.
* Revenue rose to 126.3 million dirhams in the quarter, up from 25.3 million dirhams in the year earlier period.
($1 = 3.6730 UAE dirham)
(Reporting By Tom Arnold, Editing by William Maclean) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
* The company made a profit of 56.5 million dirhams ($15.4 million) in the three months to Sept. 30, according to a financial statement.
* This compares with a profit of 46.1 million dirhams in the corresponding period of 2015.
* Revenue rose to 126.3 million dirhams in the quarter, up from 25.3 million dirhams in the year earlier period.
($1 = 3.6730 UAE dirham)
(Reporting By Tom Arnold, Editing by William Maclean) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
