Q Holding records $34.74mln profits in Q1-22

Reuters Images

The basic and diluted earnings per share (EPS) settled at AED 0.02 in Q1-22

Staff Writer, Mubasher

April 27, 2022

PHOTO

Abu Dhabi – The net profits attributable to the owners of Q Holding amounted to AED 127.58 million in the first three months (3M) of 2022, according to the company's unaudited consolidated financials for the three-month period ended 31 March 2022.

The company's revenues jumped to AED 201.78 million in the first quarter (Q1) of 2022 from AED 48.95 million in Q1-21.

The basic and diluted earnings per share (EPS) settled at AED 0.02 in Q1-22.

It is noteworthy to mention that in March 2022, Al Qudra Holding announced its new identity, dubbed Q Holding, as a global investment firm based in Abu Dhabi.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO