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Tribune News Network
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Zad Holding Company on Sunday disclosed its financial statements for 2020. The statement shows that the company registered a net profit of QR201 million for 2020 compared to net profit amounting to QR211 million in the previous year.
The company’s earnings per share (EPS) amounted to QR0.85 for 2020 compared to EPS of QR 0.89 in the previous year.
The board has recommended a dividend of 70 percent cash and 10 percent bonus shares distribution for 2020.
Zad Holding Company was established in 1969 and works in the field of
business development and investments.
The company provides the market with daily food products, as well as construction equipment, real estate and distribution services.
The company was listed on the Qatar Stock Exchange in 1997.
Meanwhile, Qatari German for Medical Devices Company also disclosed the financial statement for 2020 and revealed a net profit of QR884,183 in comparison to net loss of QR10,386,277 in the previous year.
The profit per share amounted to QR0.008 in 2020 against loss per share of QR0.090 in 2019
The board has recommended no dividends for this year.
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08/03/2021
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