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Mazaya Qatar Real Estate Development Posts QR4.4 Million Net Profit

Doha, October 24 (QNA) – Mazaya Qatar Real Estate Development Company disclosed the interim financial statements for the period ending September 30, 2012. The interim financial statements revealed a net profit of QR4.4 Million for the nine months period ended September 30, 2012 in comparison to a net profit of QR8.7 Million for the corresponding period last year, the company said in a statement.
The company’s Earnings per Share (EPS) amounted to QR0.044 for the period ended September 30, 2012 versus QR0.087 for the corresponding period in 2011.
Mazaya Qatar Real Estate Development Company (Q.S.C.) has been established as a Qatari shareholding company with an authorized capital of QR1 billion. The company specializes in real estate development and investment while abiding by the rules of the Islamic Shariah. (QNA)