(MENAFN- The Peninsula) The Peninsula
Ezdan Holding Group disclosed its financial results for the first half ended June 30, 2020, revealing a net profit of QR172m compared to QR421m for the same period last year. Earnings per share reached QR .006 compared to QR.016 in the first half last year.
The Group has generated revenues of QR735m compared to QR959m in the first half of a year earlier.
The Group has generated operating profit from main operations of QR521m in 2020 compared to QR585m in the first half of 2019. The decrease was mainly driven from a decrease in revenues and operating profit of the Hotels sector and the Malls sector.
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