Doha – Mubasher: Ezdan Holding Group will announce the financial statements of the first quarter in 2017 on 30 April, according to the company’s statement on Tuesday to the Qatar Stock Exchange (QSE).

Profits stood at QAR 520 million in Q4-16, compared to QAR 440 million in Q4-15, showing a growth 18.2%.

Annual profits reached QAR 1.81 billion during 2016, compared to QAR 1.66 billion in the year before, showing an increase 9%.

Across the Qatari real estate sector, Ezdan achieved the highest profits during Q4-16, as well as annual profits.