Ezdan Holding Group posts financial results
Ezdan Holding Group has announced its interim financial results for the period ended 30 September 2020. The Group declared a net profit of QAR 208.6 million for the period, compared to QAR 509.2 million for the same period last year.
The Group’s earnings per share (EPS) reported QAR 0.008 by the end of the third quarter 2020, compared to QAR 0.019 in the same period of 2019.
The Group generated operating revenues of QAR 1,078 million during the first nine months of the year, compared to QAR 1,264 million in a year earlier same period. The decrease was mainly driven from a decrease in revenues and operating profit of the Hotels sector and the Malls sector.