MAIR Group increased its first-half net profit by 14.8% to Dh93.9 million, driven by retail and real estate growth. Revenue reached Dh1.08 billion, showing steady market demand in Abu Dhabi.
Our retelling · details in the original publication
MAIR Group reported financial results for the first half of the year. Net profit rose to Dh93.9 million. Growth was driven by retail operations and the Makani commercial real estate portfolio. Revenue increased by 5.8% to Dh1.08 billion.
The second quarter showed even stronger momentum. Profit jumped 38.5% to Dh41.9 million, while revenue reached Dh515.6 million. Retail arm ADCOOP recorded a 6.2% sales increase across its 99 stores.
This indicates stability in Abu Dhabi's retail and property sectors. The group is expanding its retail footprint. Details are available in the original publication.
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