Abu Dhabi's Aldar Q1 net profit rises 36 pct

May 14, 2015 4:07 AM

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The state-linked builder of Abu Dhabi's Formula One circuit made a profit of 618 million dirhams ($168.25 million) in the three months to March 31, it said in a bourse statement.

This compares with a profit of 453.4 million dirhams in the corresponding period of 2014. It had reported higher profits in six of the preceding seven quarters.

Also read: Abu Dhabi Commercial Bank Q3 net profit falls 17 pct

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