Doha: Ezdan Holding Group announced Monday its financial results for the first three quarters of 2015, with net profit increasing 20.4% year-on-year.
Ezdan achieved profits of QR1.22 billion, compared to QR1.01 billion. A big increase was in rental income, where the first three quarters saw a revenue of QR1.13 billion, compared to QR997 million achieved during the same period of 2014. Earnings per share was QR0.46, compared to QR0.38 achieved during the first nine months of 2014.
The equity increased by 0.5% to QR30.23 billion. A significant growth in cash and bank balances was made during the first three quarters of 2015. The balances jumped from QR297 million in the fourth quarter of 2014 to QR1.38 billion in the third quarter of 2015.
QNA
