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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.
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