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Aldar Properties reports a 33% profit jump to $599 million in Q1 2025, fueled by rising sales.
Aldar Properties saw a significant financial boost in the first quarter of 2025, with a 33% increase in profit before tax to $599 million, driven by a 42% rise in sales to $2.42 billion.
The company's liquidity is strong, with $10.2 billion in cash and $19.3 billion in undrawn bank facilities.
Additionally, Barwa Real Estate reported a slight net profit increase to QR239.5 million for the same period.
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Aldar Properties informa un salto de ganancias del 33% a $599 millones en el primer trimestre de 2025, impulsado por el aumento de las ventas.