Investor Presentaiton
Consolidated
Results
UAE Development
International
Development
Emaar Malls
Emaar Hospitality
EMAAR
Emaar Malls - Key Highlights1
Excl. Namshi
AED Million
9M 2020 9M 2019 % Change
AED Million
9M 2020 9M 2019% Change
Revenue
2,401
3,317
(28%)
GLA (Mn sq. ft.)
6.6
6.6
0%
Gross Profit
1,484
2,572
(42%)
Occupancy Rate %
91%
92%
Margin (%)
61.8% 77.5%
-
Base Rent
823
2,068
(60%)
EBITDA
1,074 2,219
(52%)
Turnover Rent
365
68
437%
Margin (%)
44.7% 66.9%
-
Revenue
1,561 2,725 (43%)
Net Profit
Margin (%)
543
22.6%
1,493
45.0%
(64%)
EBITDA
1,088
2,224 (51%)
Margin (%)
69.7%
81.6%
35\
Introduced flexible rent relief policy
including tiered base rent waiver
Achieved SG&A savings of 21%2
through optimization & prudent
spending
The Dubai Mall becomes 1st
Shopping Mall to win GBAC STARTM
(1) accreditation for exceptional
hygiene standards
EMAAR PROPERTIES 1) Transactions after inter company adjustment and including Namshi; 2) Excl. NamshiView entire presentation