Doha-Mubasher: Dlala Brokerage and Investments Holding reported a plummet in profit by 62% to QAR 6.4 million ($1.8 million) during the first quarter of 2015, compared to QAR 16.8 million ($4.6 million) during the same quarter of 2014.

Financials showed a decline in Dlala’s Q1-15 earnings per share to QAR 0.29 in 2015 from QAR 0.76 in Q1-14, according to a filing to Qatar Stock Exchange.

The company previously reported a profit surge by 1137% to QAR 66.8 million in the fiscal year ended 31 December 2014, compared to QAR 5.4 million during the same period of 2013.