Abu Dhabi – Mubasher: Al Qudra Holding has reported a consolidated net profit of AED 221 million for the year 2018, compared to AED 212 million a year earlier.

The company’s revenue grew to AED 589 million last year from AED 501 million the year before, according to a statement released on Wednesday.

The share of the Abu Dhabi-listed firm’s shareholders in net profit hit AED 203 million in 2018.

“Al Qudra Holding confirmed that it will continue to operate in all business sectors and strengthen its investment portfolio through implementing various projects that enhance the foundations of sustainable income to ensure growth in the foreseeable future,” the company revealed.