FINANCIAL NEWS

Qatari Ezdan net profit hits USD373.33m in 2014

26 Feb 2015

Doha-based Ezdan Holding Group logged a net profit of USD373.33 million in 2014, marking a 27 percent increase compared to the previous year, the Peninsula Qatar reported.

According to the Group’s chairman, good results are due to adopting a new strategy based on the diversification of investments, thoughtful operations and acquisitions of reputable Qatari companies.

“Ezdan Holding Group was successful to meet its promises to its shareholders. This constitutes a distinct role model in the business world, based on clear and strategic vision with realistic goals,” Ezdan’s CEO said in a statement.

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