Dlala Holding Net Profit Drops to QR1.34 Million in 1^st Half of 2018

July 26, 2018

Dlala Brokerage & Investment Holding net profit amounted to QR1.34 million, compared to QR12.841 million for the same period of the previous year, while its earnings per share reached QR0.05, versus QR0.45 for the same period in 2017.

The Group’s Comments:

Dlala's net income decreased by 36.8% to QR17.7 million in the first half of 2018, of which QR13 million in net commissions and brokerage income. The company’s total expenses increased by 7% to QR16.4 million, which led the net profit to decline by 87.8% to QR1.34 million. In addition to that the net loss in the fair value amounted to QR2.39 million, turning the profit into a comprehensive loss of QR1.05 million.