UDC's Net Profit Increases 10 Percent in Q1 2023

UDC

The net profit of the United Development Company (UDC) increased by 10 percent during the three-month period ending March 21, 2023 to reach QR 88 million in comparison to QR 80 million for the same period of the previous year.

A statement posted on the Qatar Stock Exchange's website on Wednesday said the Earnings Per Share (EPS) amounted to QR 0.025 during Q1 of 2023 versus Earnings Per Share (EPS) QR 0.023 for the same period in 2022.

(QNA)