UDC Net Profits Fell 8.4% to QR260 Million for 1st Half of 2018

July 18, 2018

United Development Company (UDC) disclosed its audited financial statements for the period ending 30/6/2018, showing a net profit of QR260 million, a decrease of 8.5% compared to QR284 million recorded in the same period last year.

The company’s earnings per share amounted to QR0.74 in the first half of 2018, versus QR0.80 in the corresponding period of 2017.