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Dlala Holding turns to losses in Q4

Dlala Holding turns to losses in Q4
Dlala Brokerage and Investment Holding Company - Photo Archive
Dlala Holding
DBIS
-0.28% 1.05 -0.00

Doha – Mubasher: Dlala Brokerage and Investment Holding Company posted net losses of QAR 17.8 million in the fourth quarter of 2015, against a profit of QAR 4.49 million in the same period of 2014.

The company also swung to net losses of QAR 41.9 million in 2015 , versus a profit of 66.78 million in 2014.

Loss per share reached QAR 1.48 last year, compared to earnings per share of QAR 2.35 a year earlier.

Dlala earlier reported net losses of QAR 24.1 million in the first nine months of 2015, versus a net profit of QAR 62.29 million in the same period of 2014.

The Qatar-listed company’s share dropped in today’s early trading by 3.91% to QAR 11.05 as 74,900 shares were exchanged at QAR 841,300.