Union Properties narrows second-quarter loss, with restructuring plan under way

  • Date: 16-Aug-2020
  • Source: The National
  • Sector:Economy
  • Country:UAE
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Union Properties narrows second-quarter loss, with restructuring plan under way

Dubai developer Union Properties narrowed its second-quarter net loss by 54 per cent as it cut costs and embarked on a plan to restructure the company.

The group's net loss for the three months