Doha: Ezdan Holding Group’s board of director meeting, chaired by Sheikh Abdullah bin Thani Abdullah Al Thani, Vice-Chairman, yesterday ratified the annual financial results for the period ended 31 December 2019. The Group has disclosed a net profit of QR309m compared to QR433.7m reported in 2018.
The Group’s earnings per share (EPS) stood at QR0.012 by the end of 2019, compared to QR 0.016 during 2018.
The Group generated revenues of QR1.66bn, compared to QR1.62bn from a year earlier.
The Board of Directors has proposed no dividends for the financial year ended 31 December 2019. The proposal will be submitted for approval at the Annual General Assembly meeting.
Ezdan has also declared that Investor Relations’ Conference will be held via a Conference Call to review the financial results of the company for the year ended December 31, 2019 and the overall corporate performance on Tuesday, March 31, 2020 at 1.30pm.
