Manazel Real Estate PJSC announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company announced revenue of AED 516,606,000 against AED 412,332,000 a year ago. Profit for the year attributable to owners of the parent was AED 132,867,000 against AED 56,555,000 a year ago. Basic and diluted earnings per share were AED 0.051 against AED 0.022 a year ago. Net cash flows from operating activities were AED 20,673,000 against net cash flows used in operating activities of AED 57,833,000 a year ago. Additions in property, plant and equipment was AED 2,226,000 against AED 21,775,000 a year ago. EBITDA was up 93.95% to AED 176.3 million, compared to AED 90.9 million in same period of last year. Book value per share increased by 4.5% to record AED 1.16 per share compared to AED 1.11 per share at end of June 2017.