Mekdam Holding posts QR18.4m net profit for nine months – The Peninsula Qatar

Mekdam Holding posts QR18.4m net profit for nine months – The Peninsula Qatar

The employees of Mekdam Holding Group in its manufacturing unit.

Doha: Mekdam Holding Group has posted net profit of QR18.4m for the period ended on September 30, 2021, compared to QR16.8m in the corresponding period of 2020 with a growth rate of 9.4 percent. The growth in net profit is mainly attributable to the growth in business volume.  Earnings per share (EPS) amounted to QR0.367 for 2021 compared to EPS of QR0.336 for 2020.

The Board of Directors of Mekdam Holding Group Q.P.S.C., chaired by Sheikh Mohammed bin Nawaf bin Nasser bin Khalid Al Thani, held a session on October 21, 2021, to discuss and approve the financial statements for the period ended September 30, 2021.