Doha – Mubasher: Dlala Brokerage and Investment Holding posted QAR 1.1 million profits ($302,000) during the fourth of 2016, against QAR 17.97 million ($4.7 million) net losses for the year-ago period.

The company logged QAR 3.8 million profits for the twelve months of 2016 versus QAR 41.97 losses for the prior-year period, according to a bourse statement.

Return on equity reached QAR 0.13 for the period ended on 31 December 2016, compared with a loss amounting to QAR 1.48 for the year-ago period. 

Dlala registered QAR 1.45 million profits in Q3-16, against QAR 7.02 million for the year-ago period.

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