LONDON (Alliance News) - AFI Development PLC Tuesday reported an increase in pretax profit and revenue for the three months ended March 31, boosted by valuation gains and a strong performance from its Moscow-based shopping mall. The company, which develops property in Russia, said pretax pr Read More

AFI Development Swings To Profit On Property Valuation Gains

18th Mar 2014 11:08

LONDON (Alliance News) - Property developer AFI Development PLC Tuesday said it swung to profit in 2013, after last year's results where hit by valuation losses. The Russia-focused property company posted pretax profit of USD153.3 million in 2013 compared with a loss of USD291.8 million, as Read More

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