UDC’s Net Profit Falls by 13.4% to QAR 225 Million for the First Half of 2019

 

July 24, 2019

 

United Development Company (UDC) disclosed its audited financial statements for the period ended June 30, 2019 showing a net profit of QAR 225 million, a decrease of 13.4%, compared to QAR 260 million for the same period last year.

 

The company’s earnings per share amounted to QAR 0,063 in the first half of 2019, versus QAR 0,074 for the corresponding period of 2018.