Abu Dhabi – Mubasher: Al Qudra Holding has reported its unaudited consolidated interim financial results for the first half of 2019.

The company has logged a profit of AED 92.85 million for H1-19, versus AED 45.31 million for H1-18, according to a statement to the Abu Dhabi Securities Exchange (ADX).

Revenue from contracts with customers fell to AED 41.63 million during the six-month period ended 30 June 2019 from AED 65.47 million in the year-ago period.

Basic and diluted earnings per share stood at AED 0.098 in H1-19, versus AED 0.039 in the corresponding period of 2018.

Total assets amounted to AED 6.85 billion as at 30 June 2019, compared to AED 6.14 billion as at 31 December 2018.