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Ezdan Holding Group Net
Profit Drops 28.6% to QAR 309.92 Million in 2019
30 March 2020
Ezdan Holding Group has disclosed its
financial results for the year ended 31 December 2019 where the company
reported net profit of QAR 309.29 million compared to QAR 433.74 million
in the preceding year 2018, a drop of 28.6%.
Earnings per share for the year
amounted QAR 0.012 versus QAR 0.016 for the former year 2018.
The Board of Directors recommended to
the shareholders next annual general meeting ‘AGM’ to retain the year’s
profit and not to pay dividends.
The group has also announced that it
will hold an investor relations conference call on Tuesday, 31 March
2020, at 1:30 pm, to discuss the year’s results and performance in
further details.