GulfBase Live Support
Leave a message and our representative will contact you soon
30/07/2013 10:57 AST
Dlala Holding has recorded a Net Loss of QR. 22.6 Million for the six months ended 30th June 2013. Company recorded an Operating Profit of 25.3 Million and the net loss was resulted due to exceptional and non-routine expenses of QR. 48 Million including Provision for legal cases and permanent impairment on securities investment.
Chairman of Dlala Holding Mr. Nasser Al Sulaiti said that Dlala holding is in the right track of growth and cleaning up the books related to old cases of 2006 and 2008 and improving the asset quality were the key concerns of the management for the 1st half of 2013 and it was really a tough and bold decision of the board.
Mr.Sulaiti also said that Dlala's key focus is to improve business efficiency at each and every level of operation. He also emphasized the various actions taken by the new Board of Directors to accelerate the growth of Dlala holding operational performance.
Managing Director Mr. Ahmed Al Asmakh said that Dlala's operational performance for the first half of 2013 was remarkable and net loss due to exceptional items resulted a temporary situation and the Management, with full support of the Board, has taken necessary legal actions against concerned parties to recover a major part of the provisions related to legal cases. He also said that loss on permanent impairment can be recovered in the coming quarters considering the growth in Qatar Economy.
Press Release
26/04/2015
Dlala Holding disclosed the interim financial statement for the three month period ended March 31, 2015. The financial statements revealed a net profit of QR 6.4 Million in comparison to QR 16.8 Mil
Qatar Exchange
02/04/2014
Dlala Brokerage and Investment Holding Company announced the results of its Ordinary General Assembly Meetings that was held on Tuesday, 01/04/2014 has approved the following Agenda:
1. Pr
Press Release
29/10/2013
Dlala Brokerage and Investment Holding disclosed the interim financial statements for the period ending September 30, 2013. The interim financial statements revealed a a net loss of QR 11.8 million f
Press Release
Ticker | Price | Volume |
---|
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times