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Qatar: Ezdan's Q3 2015 net profit up 15% to $93.9m

The Qatar-based real estate developer made $93.9m (QAR314.9m) during the third quarter of 2015

Ezdan's Q3 2015 net profit increased 15% to $93.9m.
Ezdan's Q3 2015 net profit increased 15% to $93.9m.

Qatar's Ezdan Holding reported a 15% increase in its third-quarter net profits on Monday, 26 October, 2015.

The real estate developer made $93.9m (QAR314.9m) in the three months to September - comapred with $81.5m (QAR296.9m) for the same period in 2014, according to Reuters calculations.

Ezdan, founded and chaired by members of the ruling al-Thani family, made a profit of $329m (QAR1.2bn) in the first nine months of 2015 comapred to $274 (QAR1bn) in the corresponding period of last year, a bourse filing reported.

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