Doha – Mubasher: Zad Holding Company’s profits hiked 72.5% year-on-year to QAR 29.3 million ($8.04 million) in the third quarter of 2016 from QAR 16.99 million ($4.66 million).

The company's profits also grew 12.9% to QAR 143.01 million in the first nine months of 2016 from QAR 126.76 million in the year-ago period.