May 9, 2017 / 4:48 AM / 2 months ago

BRIEF-UAE's Aldar Properties posts Q1 profit of 641 mln dirhams

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May 9 (Reuters) - Aldar Properties:

* Q1 net profit 641 million dirhams

* Q1 revenue grew 28 percent to 1.58 billion dirhams

* 1 billion dirhmas of development sales during quarter

* All developments remain on track – Ansam, Al Hadeel and Al Nareel set for handover in 2017

* 2.3 billion dirhams of construction contracts awarded year to date at Yas Acres and Mayan Source: bit.ly/2q0RbIT) Further company coverage:

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