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

HKA on the underlying causes of Middle East construction disputes
EXCLUSIVE: Legal consultancy’s Jeffrey Badman discusses the changes required from stakeholders to reduce disputes
HKA: Volume of construction disputes to stay consistent in 2019
EXCLUSIVE: Consultancy’s Michael McSorley talks about methods to avoid and ‘speedily resolve’ construction disputes

Latest Issue

Construction Week - Issue 751
Oct 13, 2019