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Dlala posts positive Q2 results

Dlala posts positive Q2 results
Net profit reached QAR 1.25 million in the first half of fiscal 2016 (Photo credit: Arabianeye - Reuters)
Dlala Holding
DBIS
-0.75% 1.05 -0.01

Doha – Mubasher: Dlala Brokerage and Investment Holding Company reported on Wednesday a net profit of QAR 805,000 ($220,860) for the second quarter of the fiscal year 2016, compared to net losses of QAR 23.4 million ($6.42 million) for Q2-15.

Net profit reached QAR 1.25 million in the first half of fiscal 2016, against net losses of QAR 16.98 million for the same period of the previous year, according to a bourse filing.

Dlala earlier posted a net profit of QAR 445,000 for Q1-16, versus QAR 6.42 million for Q1-15.

The stock ended today’s trading falling by 2.24% to QAR 24.49.