United Development
UDCD
-0.27%
1.13
-0.00
UDCD
Doha – Mubasher: United Development Company (UDC) posted a growth by 141.1% year-on-year in its profits during the third quarter of 2016, according to a bourse statement.
Profits reached QAR 151.64 million ($41.61 million) in Q3-16, compared to QAR 62.89 million ($17.26 million) in Q3-15.
In the first nine months of 2016, profits fell 22% to QAR 483.64 million from QAR 619.89 million in the prior-year period.
Earnings per share (EPS) reached QAR 1.28 as at 30 September 2016, compared to QAR 1.68 during the same period last year.
Source:
Mubasher