Doha – Mubasher: Mazaya Qatar Real Estate Development saw a drop in its profits by 81.2% year-on-year in the first quarter of 2017, according to a bourse statement.
Profits reached QAR 5.02 million ($1.38 million) in Q1-17, compared to QAR 26.7 million ($7.33 million) in Q1-16.
Earnings per share (EPS) reached QAR 0.046 in Q1-17, compared to QAR 0.242 in Q1-16.