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Alijarah turns to losses in 2015

Alijarah turns to losses in 2015
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Al Ijarah Holding
NLCS
-0.29% 0.69 -0.00

Doha – Mubasher: National Leasing Holding Company (Alijarah) reported on Monday net losses of QAR 88.1 million, versus net profit of QAR 69.3 million in 2014.

Loss per share reached QAR 1.78 last year, compared to earnings per share of QAR 1.40 in the previous year.

The company’s board of directors recommended cash dividends at 5% of the share’s par value, equivalent to QAR 0.50 per share.

The Qatar listed company earlier posted net profit of QAR 42.47 million in the first nine months of 2015, against QAR 36.52 million in the same period of 2014.