DUBAI, April 22 Dubai's Emaar Properties
reported a 55 percent rise in first-quarter net profit
on Tuesday that was slightly below analyst estimates.
The builder of the world's tallest tower, the Burj Khalifa,
reported a profit of 863 million dirhams ($234.96 million) in
the three months to March 31, it said in a statement. This
compares with a profit of 556 million dirhams in the prior year
Analysts polled by Reuters on average forecast Emaar would
make a quarterly profit of 873 million dirhams.
($1 = 3.6730 UAE Dirhams)
(Reporting by Matt Smith; Editing by David French)