Zad Holding logs QAR 147m profit in 9M

MubasherZad Holding announced a 0.17% year-on-year increase in its profits during the third quarter of 2018.

Net profits amounted to QAR 32.25 million in Q3-18, compared to QAR 32.2 million in Q3-17, according to a filing to the Qatar Stock Exchange (QSE) late on Tuesday.

During the first nine months of 2018, the group’s profits increased to QAR 147 million, from QAR 146.9 million in the same period of the prior year.

Earnings per share (EPS) registered QAR 6.20 during the nine-month period ended September, versus QAR 6.20 for the same period the year before.

In the first half of 2018, Zad’s profits inched up 0.05% year-on-year to QAR 114.75 million.

By 10:13 am Qatar time, Zad’s stock stood at QAR 99.

Mubasher Contribution Time: 31-Oct-2018 07:55 (GMT)
Mubasher Last Update Time: 31-Oct-2018 08:04 (GMT)