Investor Presentaiton
Consolidated
Results
UAE Development
International
Development
Emaar Malls
Emaar Hospitality
EMAAR
Key Highlights
AED Million
Group Property Sales
Q1 2021
Q1 2020
% Change
7,115
3,887
83%
Revenue
5,993
5,328
12%
Gross Profit
2,680
2,410
11%
Margin (%)
44.7%
45.2%
EBITDA
1,977
1,390
42%
Margin (%)
33.0%
26.1%
Net Profit
657
609
8%
Margin (%)
11.0%
11.4%
EPS (AED/Share)
0.09
0.09
Total Equity¹
64,942
64,582
1%
Cash¹
7,125
6,271
14%
Debt¹
21,509
21,361
1%
Net Debt¹
14,384
15,090
(5%)
1)
2020 numbers are as at 31 December 2020
25
EMAAR PROPERTIES
Note: In Q1'21 revenue recognition policy of Emaar Egypt has been changed retrospectively from over a period of time to point in time method due to recent contract enforcement
trends, legal opinions and industry practice. Accordingly, the comparative numbers have been restated.View entire presentation