Mubasher: Zad Holding Company on Thursday reported a 1% year-on-year rise in its profits for the first quarter of 2018.
Profits amounted to QAR 49.76 million in Q1-18, compared to QAR 49.25 million in Q1-17, according to the company’s filing to the Qatar Stock Exchange (QSE).
Earnings per share (EPS) increased to QAR 2.10 for the three-month period ended March 2018, versus QAR 2.08 for the same period in the previous year, the QSE-listed firm noted.
For the full-year 2017, the company’s profits levelled up 18.3% to QAR 198.30 million, from QAR 167.61 million a year earlier.
In March, Zad’s board approved distributing a cash dividend of QAR 6.5 per share, representing 65% of the share’s nominal value.
