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Ezdan Holding posts 82.3% jump in Q1 earnings

: Monday, April 28 - 2014 @ 12:58

Qatar’s property developer Ezdan Holding Group has said its first-quarter net profit soared 82.3% to QR460.6m, compared with the same period last year, Gulf Times has reported. Performance during the first three months of 2014 was boosted by a number of major projects, notably the Al Shamal Residential Compound, which spreads over an area of 115,000 sq m and lines the Al Shamal Road, said Ezdan Holding CEO, Ali Mohamed al-Obaidli. The compound comprises some 129 luxury villas, 256 apartments and a four-star hotel.

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Monday, April 28- 2014 @ 12:58 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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