DOHA: Ezdan Holding Group posted a net profit of QR103m for the first quarter of 2018, compared to QR945m in the same period a year earlier. The Group’s earnings per share (EPS) amounted to 4 dirhams, compared to 36 dirham in the same period last year.
The decrease in net profit came on the back of investment units sale in a number of investment funds by some of the Group’s subsidiaries during the first quarter of 2017.
Moreover, the Group realised revenues of QR493m compared to QR643m in the first quarter of the previous period.
Ezdan Holding Group is gearing up to finalise the official announcement of launching Ezdan Mall Al Wakra and Ezdan Mall Al Wukair.
The Group is also set to open its fully owned hotel “Ezdan Palace”, the first five-star hotel owned by Ezdan Holding Group located on the North Road, comprising 194 hotel rooms and suites.
