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FINANCIAL NEWS
Qatri Ezdan Holding net profit up 41.4 percent in 9M
27 Oct 2014
(MENAFN) Ezdan Holding Group, which is one of the largest business entities in Qatar, said it has recorded a net profit of QR1.01bn during the January-September period, which is an increase by 41.4 percent compared to the same period last year, The Peninsula Qatar reported.
“The strong results are the reflection of the quality of the sectors in which the Group invests and its keenness to provide superior services in line with the aspirations of the State of Qatar”, Chairman of Ezdan Holding said.
The Group also said it is looking for opportunities to expand the role of its existing investments as well as developing and diversifying its investments, which will result in driving growth in the coming period for the group, as well as help it in taking advantage of the developments and investments which the group already made or will make in the future.
Ezdan Holding said that these investments will help it with its objective, which was never limited to just profits, but also aims to bring in world class quality to Qatar’s real estate and hospitality sectors, which would help Qatar emerge as an ideal destination for investment and tourism.
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