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25/01/2018 06:16 AST
Ezdan Holding Group has reported a solid QR1.7bn net profit for the year 2017, compared to QR1.8bn posted a year ago. Ezdan Holding Group'sEarnings per Share (EPS) reached QR0.64 versus QR0.68 for the same period last year.
Chaired by Ezdan Holding Group Deputy Chairman Sheikh Abdullah bin Thani bin Abdullah Al Thani,the Board of Directors reviewed the financial results. Commenting on the financial performance of the Group, Sheikh Abdullah bin Thani bin Abdullah Al Thani said: "Ezdan has been able to respond to changes occurs in the investment landscape in Qatar due to the regional conditions caused by the blockade.
Ezdan has proven itself to be successful in mitigating risks and safely manage its financial performance, the fact that gives us more confidence regarding our vision and strategy. We look forward to do better in the coming stages as the Group will be launching all its projects this year." He added that such projects will be fully operational, lauding the support provided by the state leadership in setting an effective investment climate in Qatar.
Ezdan Holding Group CEO Ali Mohammed Al Obaidli said: "The Group's performance over the past year has been flexible, realistic and able to efficiently get out of the crisis. We have been able to translate our vision into steady successful steps and we will devote more effort in 2018 to complete the next phases of our under construction projects. We are committed to improvethe Group's internal environment and explore other investment opportunities based on our diversification strategy, which is a major factor that helps cope and overcome risks and volatility. We will continue to raise our operational efficiency to boostour financial performance. "
Ezdan Holding Group is one of the largest investment entities in Qatar. The group in engaged in various sectors, including real estate, entertainment, hospitality, among other vital sectors. For more than 55 years in Qatar, The Group owns and has been operating a large number of residential units inside and outside Doha, in addition to malls and hotels.
The Peninsula
31/10/2017
Ezdan Holding Group has announced its financial results for the period ended 30 September 2017. The period's net profit amounted to QR1.41bn compared to QR1.29bn for the same period last year, an in
The Peninsula
21/09/2017
Ezdan Holding Group (EHG) has been ranked as the second top real estate developer in the Arab world, based on the annual ratings by Forbes Middle East magazine. The ranking evaluates the most active
The Peninsula
27/07/2017
Real estae major Ezdan Holding Group has reported a solid QR1.15bn net profit for the second quarter ended June 2017, a significant increase of 25 percent compared to QR 927m posted during the same p
The Peninsula
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08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
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08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia