Deyaar Development PJSC 2022 IR
The report highlights Deyaar's exceptional performance in 2022, achieving a 62% increase in revenues to AED 803.4 million and a 184% increase in net profit to AED 144.2 million. The company successfully wrote off all accumulated losses through capital reduction and reached an amicable AED 500 million cash settlement with Limitless. In property development, Deyaar launched the Tria project in Dubai Silicon Oasis and announced AED 300 million in investments in Al Furjan. On the sustainability front, the company implemented digital transformation initiatives that reduced paper consumption by 10% and achieved energy savings of over AED 7 million through efficient cooling and resource management.
Company: Deyaar Development PJSC
Sector: Real Estate
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 132
Deyaar Development PJSC
Integrated Report
The report highlights Deyaar's exceptional performance in 2022, achieving a 62% increase in revenues to AED 803.4 million and a 184% increase in net profit to AED 144.2 million. The company successfully wrote off all accumulated losses through capital reduction and reached an amicable AED 500 million cash settlement with Limitless. In property development, Deyaar launched the Tria project in Dubai Silicon Oasis and announced AED 300 million in investments in Al Furjan. On the sustainability front, the company implemented digital transformation initiatives that reduced paper consumption by 10% and achieved energy savings of over AED 7 million through efficient cooling and resource management.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available