Built to inform

Sign up for the daily newsletters

No, Thank you

Ezdan Holding net profit up 27.3% for Q4 2015

Qatar's Ezdan Holding Group has reported a 27.3% rise in net profit for the fourth quarter of 2015

Ezdan Holding reported a net profit increase of 27.3% for Q4 2015.
Ezdan Holding reported a net profit increase of 27.3% for Q4 2015.

Qatar's Ezdan Holding Group has reported a 27.3% rise in net profit for the fourth quarter of 2015.

Ezdan made $117.3m (QAR439.7m) in the three months to December 31, according to Reuters calculations based on previous statements as it did not provide a quarterly breakdown. 

This compares with $94.8m (QAR345.3m) in the corresponding period of 2014.

The company, founded and chaired by members of the ruling al-Thani family, made a net profit of $455.8m (QAR1.66bn) in 20915, according to a stock exchange filing.

This was up from $373.4m (QAR1.36bn) in the previous year. 

The company recommedned a cash dividen of $0.14 (QAR0.5) per share for 2015, up from the (QAR0.4) per share proposed payout for 2014, according to bourse data.

Most popular

Awards

Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 754
Nov 23, 2019