DUBAI, July 29 (Reuters) - Dubai's largest developer Emaar
Properties on Sunday said its second-quarter net
profit had more than doubled.
The builder of the world's tallest tower, Burj Khalifa, made
a net profit of 614 million dirhams ($167.17 million) in the
three months to June 30, up from 250 million dirhams in the
year-earlier period, Emaar said in a statement.
This beat the forecasts of three analysts polled by Reuters,
who on average expected Emaar would make a net profit of 516.33
million dirhams.
($1 = 3.6730 UAE dirhams)
(Reporting by Praveen Menon; Editing by Matt Smith)