Damac Properties reports second quarter loss on higher impairments

  • Date: 13-Aug-2020
  • Source: The National
  • Sector:Economy
  • Country:UAE
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Damac Properties reports second quarter loss on higher impairments

Dubai's Damac Properties, which owns and operates the Middle East's only Trump-branded golf club, swung to a second-quarter loss on higher impairment charges, despite a rise in revenue.

The company reported a loss of