Ezdan Holding Group disclosed its financial results for the first half ended June 30, 2020, revealing a net profit of QAR 172 million compared to QAR 421million for the same period last year. Earnings per share reached QAR .006 compared to QAR .016 in the first half last year.
The Group has generated revenues of QAR 735 million compared to QAR 959 million in the first half of a year earlier.
The Group has generated Operating Profit from Main Operations of QR 521 million in 2020 compared to QR 585 million in the first half of 2019. The decrease was mainly driven from a decrease in revenues and operating profit of the Hotels sector and the Malls sector.