The Socimi Merlin Properties has closed the first half of the financial year 2020 with a profit of 70.9 million euros, down by 73% compared to the same period a year earlier, due to the deconsolidation of assets from its consolidation perimeter, explain sources at the company.
Excluding extraordinary items, the company’s net profit amounted to 87.2 million euros, down by 30% compared to the first half of 2019.
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