Manazel Real Estate PJSC announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of AED 748,616,000 against AED 739,932,000 a year ago. Profit for the year attributable to owners of the parent was AED 206,516,000 against AED 195,477,000 a year ago. Basic and diluted earnings per share were AED 0.079 against AED 0.075 a year ago. Net cash flows from operating activities were AED 12,135,000 against net cash flows used in operating activities of AED 208,431,000 a year ago. Additions in property, plant and equipment was AED 2,917,000 against AED 5,039,000 a year ago.