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Ezdan profits down 46% in Q4

Ezdan profits down 46% in Q4
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Ezdan Holding
ERES
-0.37% 0.81 -0.00

Mubasher: Ezdan Holding Group reported a decline in profits for the fourth quarter of 2017 by 45.6% year-on-year, according to a bourse filing.

Profits reached QAR 282.6 million in Q4-17, compared to QAR 619.4 million, for the same period last year, the company said in a statement to the Qatar Exchange on Wednesday.

As for the annual results, profits totalled QAT 1.69 billion, decreasing by 6.6% compared to 2016.