United Development Company recorded a net profit of QR521m for the first half of 2014, up 34% compared to the same period in 2013. T

The net profit attributable to owners of the company stood at QR499m compared to QR325m for the same period last year.

Earnings per share reached QR1.41 for H1, compared to QR0.92 in H1, 2013, a strong growth of 53% from H1, 2013.

 Gross profit was reported at QR702m, compared to QR508m.