Doha – Mubasher: National Leasing Holding Company posted on Thursday a net profit of QAR 1.13 million ($310,000) for the third quarter of fiscal 2016, against a net loss of QAR 14.68 million ($4.03 million) for Q3-15.

Net profit for the first nine months of 2016 reached QAR 5.06 million, compared to a net loss of 42.47 million for the same period of 2015, according to a bourse filing.

The company earlier reported a net profit of QAR 1.81 million for Q2-16, versus a net loss of QAR 33.51 million for Q2-15.