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Dlala records positive Q3 results

Dlala records positive Q3 results
Net profit reached QAR 1.25 million in the first half of fiscal 2016 (Photo credit: Arabianeye - Reuters)
Dlala Holding
DBIS
3.11% 1.06 0.03

Doha – Mubasher: Dlala Brokerage and Investment Holding registered QAR 1.45 million profits ($3.75 million) during the third quarter of 2016, against QAR 7.02 million ($18.17 million) for the year-ago period, according to a bourse statement. l

The company logged QAR 2.7 million profits for the first nine months of 2016 versus QAR 24 losses for the prior-year period.  

Return on equity reached 0.096 for the first nine months, compared with a loss amounting to QAR 0.85 for the year-ago period. 

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.