|
Ezdan H1 profit jumps 91% |
 |
 |
 |
|
Written by Administrator
|
|
Thursday, 06 August 2009 11:34 |
|
Qatar-based Ezdan Real Estate has reported 91% increase in its first half net profit to QR203.42, while its rental income had climbed more than 66% to QR239.69m. Ezdan's gains on disposal of investment properties had more than quadrupled to QR17.43m, even as other income had dropped 52% to QR2.92m, the company has said. Operating expenses had dropped by 44% to QR33.26m, which resulted in its operating profit to report 73% gains to QR226.77m. Profit on bank deposits jumped about nine-fold to QR2.67m.
|
