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FINANCIAL NEWS
Qatar’s Ezdan Group revenue jumps 22 percent
17 Feb 2016
(MENAFN) Ezdan Holding Group recorded an income of USD 0.45bn for the whole year of 2015, a climb of 22 percent compared to 2014, while the Earnings per Share (EPS) touched USD 0.17.
Accordingly, Board of Directors argued the Group’s yearly performance, and recommended allocating cash dividends of USD 0.13 per share to shareholders, a grow of 25 percent.
In addition, the achievements surpassed all expectations despite global consequences made by the fall in oil prices, which affected a huge range of vital sectors.
Moreover, Ezdan Holding was capable to come up with solutions that avoided the impact of economic collapse, which will reflect the efficiency of its pre-emptive studies of the investment.
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