(MENAFN) Qatari Ezdan Holding Group has recorded a QR1.7bn net profit during last year, in comparison to QR1.8bn in 2016.
Furthermore, the Earnings per Share (EPS) of the group reported a QR0.64 profit, compared to QR0.68 of the same period.
"Ezdan has been able to respond to changes occurs in the investment landscape in Qatar due to the regional conditions caused by the blockade," Deputy Chairman Sheikh Abdullah bin Thani bin Abdullah Al Thani declared.
He continued "Ezdan has proven itself to be successful in mitigating risks and safely manage its financial performance, the fact that gives us more confidence regarding our vision and strategy. We look forward to do better in the coming stages as the Group will be launching all its projects this year."
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