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

Dlala Holding net profit reduced to QR 6.4 million for 1st Q 2015

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

DLALA AGM APPROVES AGENDA ITEMS

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

Dlala Discloses the Interim Financial Statements

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
DBIS Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QIBK 20.02 -0.58 (-2.82%)
MARK 2.20 -0.01 (-0.46%)
CBQK 4.10 -0.13 (-3.08%)
QIIK 10.12 -0.13 (-1.27%)
QNBK 15.96 -0.07 (-0.44%)
KKR among asset managers vying for Abu Dhabi's district cooling business, sources say

19/04/2025

KKR (KKR.N), and I Squared Capital are among global asset managers bidding for a district cooling business owned by Abu Dhabi's Multiply Group, part of a $1.5 trillion empire overseen by one of the

Reuters

Commercial Bank launches CB Analytics Academy Program

19/04/2025

Commercial Bank, a leader in innovative digital banking solutions in Qatar, has officially launched CB Analytics Academy Program. This specialized program has been designed for nationals seeking to e

The Peninsula

stc group redefines connectivity at FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2025

19/04/2025

stc group celebrates the fifth consecutive year as Title Partner, blending cutting-edge technology with the excellence of motorsport.

Advanced 5G network, smart IoT services, and AI-integrat

Saudi Gazette

Batelco to deploy Bahrain's first private 5G network at Alba

18/04/2025

Batelco, a part of Bahrain's leading digital solutions provider Beyon Group, has partnered with Nokia, a global leader in network technologies, up to deploy the kingdom's first private 5G network for

Trade Arabia

Gulf Bank shortens working hours to support employee wellbeing and work-life balance

18/04/2025

As part of its ongoing efforts to create an ideal work environment that reflects its deep commitment to employee wellbeing and work-life balance, Gulf Bank has announced a reduction in daily working

Kuwait Times