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Dlala Brokerage turns to loss in Q3

Dlala Brokerage turns to loss in Q3
Net losses amounted to QAR 16.06 million in Q3-18
Dlala Holding
DBIS
1.31% 1.24 0.02

Mubasher: Dlala Brokerage and Investment Holding turned to loss for during the third quarter of 2018.

Net losses amounted to QAR 16.06 million in Q3-18, compared a net profit of QAR 16.13 in Q3-17, according to the company’s statement to the Qatar Stock Exchange (QSE) late on Monday.

Loss per share (LPS) amounted to QAR 0.56 for the three-month period ended September, compared to earnings per share (EPS) of QAR 0.57 in the same period of the prior year.

During the first six months of 2018, Dlala Brokerage reported 89.6% profit decrease to QAR 1.34 million, compared to QAR 12.84 million in the same half of 2017.

By 10:28 am Qatar time, Dlala Brokerage’s stock dropped 4.49% at QAR 10.98.