EMAAR DEVELOPMENT PJSC — Earnings Release 2020

Feb 13, 2020

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Emaar Development PISC إعمار للتطوير ش.م.ع
تاب AM،T F+97143998866 enquiry@emaar.ae emaar.com

Issuance & Disclosure Department

Preliminary Results of Public Joint Shareholders Company (Final Result Brief for the year ended 31 December 2019)

First - General Information:

Name of the company:	Emaar Development PJSC
Date Establishment:	02 April 2003
Paid up capital:	4,000,000,000
Subscribed capital:	4,000,000,000
Authorized capital:	8,000,000,000
Chairman of the Board:	Mohamed Ali Alabbar
Chief Executive Officer:	Bader Saeed Hareb
Name of the external auditor:	KPMG
Mailing address:	P.O. Box-9440, Dubai, United Arab Emirates
Tel:	+971 4 3998877
Fax:	+971 4 3998866
E-mail:	investor-relations@emaar.ae

Second - Preliminary Results (000 AED):

	2019	2018
1-Total Assets	33,694,562	30,577,780
2- Shareholders Equity	9,599,956	7,944,737
3- Revenues	12,746,138	15,433,410
4- Net profit for the period 1	2,700,119	3,901,158
5- Earnings per share (AED)	0.68	0.98

6-Summary of the company's performance for the last fiscal year:

• (a) The Group has recorded an annual net profit of AED 2,700 million for the year 2019.

• (b) The Group has recorded revenues of AED 12,746 million for the year 2019.

• Profit represents attributable to Equity holders of the Parent.

Chairman or authorized person signature:....

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