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Dlala Holding Net Profit Turns Net Loss of
to QR16 Million in Q3 2018
October 15, 2018
Dlala Brokerage & Investment Holding net loss
of QR16.062 million, compared to a net profit of QR16.130
million recorded in the same period last year, while the
holding’s loss per share amounted to QR0.56, versus earnings per
share of QR0.57 for the corresponding period of 2017.
The Group’s Comments:
Net operating income decreased by 42.8% to
QR22.1 million for the nine months ended 30/9/2018, of which
QR16.6 million generated from net brokerage commissions. The
holding’s total expenses increased by 1.4% to QR23.2 million,
and liabilities decreased by QR13.9 million. Deducting
depreciation and amortization of QR1.4 million, the company made
a net loss of QR1.4 million, compared to a net profit of QR16.1
million in the corresponding period of 2017. In terms of
comprehensive income, the company recorded a fair value loss of
QR1.65 million, compared to a loss of QR36.3 million in the same
period of 2017. As a result, the company recorded a
comprehensive income loss of QR17.7 million, compared to a loss
of QR20.1 million in the corresponding period of last year.
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