DOHA: Ezdan Holding Group announced its financial results for the year ended 31 December 2018 with a net profit of QR433,749, compared to QR 1.69m recorded for the corresponding period in 2017.
Earnings per share (EPS) for the year 2018 stood at QR 0.16 compared to QR 0.64 for the previous year.
The Board of Directors has proposed no dividend for the financial year ended 31 December 2018. The proposal will be presented to the General Assembly for approval.
Sheikh Khalifa Bin Thani Bin Abdullah Al Thani, Vice Chairman of the Board of Directors of Ezdan Holding Group chaired the Board meeting to review the financial results and assess the performance of the Group during 2018.
Commenting on the financial performance of the Group, Sheikh Khalifa Bin Thani Bin Abdullah Al Thani said, “Ezdan has been able to respond to changes in the investment landscape in Qatar due to the blockade and to prove its ability to manage risk and safety in its financial performance. We have confidence in our vision and strategy, and look forward to better performance going forward.”
