Deyaar profits down 69.5 per cent from Q2 2008


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The earnings season has begun, starting with Deyaar Development. We here at Crane Country will keep track of these for you. See below the first instalment of Earnings Watch:

See our online news story

, with some added color.

Markus Giebel

, the chief executive, said the company's "five-pillar" strategy to reduce defaults and be as profitable as it was in 2007 is working.

Here's the full press release from Deyaar: