Ezdan Holding Net Profits Drop by 74% to QR433.74 Million, Recommends No Dividends

March 19, 2019

Ezdan Holding Group disclosed its financial statements for the year ended on 31/12/2018. The statements show the company made a net profit of QR 433.74 million in 2018, a decline of 74%, compared to the net profit of QR1.69 billion recorded in the year ended 31/12/2017.

The Holding’s earnings per share amounted to QR 0.16 for the year ended on 31/12/2018, versus QR 0.64 for the year ended 31/12/2017.

The Board of Directors recommended against the distribution of dividends for the financial year ended 31 December 2018, this recommendation will be submitted for approval at the Annual General Assembly meeting.

To vie the financial disclosure click here

To view the EGM disclosure please click here