ID :
178661
Thu, 04/28/2011 - 14:39
Auther :

Ezdan Net Profits QR 36.8 Million in Q1

Doha, April 28 (QNA) - Qatari Ezdan Real Estate Company disclosed the interim financial statement for the three month period ended March 31, 2011. The financial statements revealed a net profit of QR 36.8 million in comparison to QR 71.6 million for the corresponding period in 2010.
The Earnings per Share (EPS) amounted to QR 0.01 as of March 31, 2011 versus QR 0.03 of the same period in 2010.
Ezdan recorded a six percent increase in its assets reaching QR31.924bn at the end of last year compared to QR30.06bn at the end of 2009, which reflects growth in the company s real estate investments.
The total shareholders equity is QR27.402bn for the fiscal year that ended in 2010, against QR27.284bn in 2009.
Ezdan became a Qatari shareholding company and listed on the Qatar Exchange in 2008.

X