Alijarah Holding Company Q.S.C. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 24, 2019 at 02:37 pm EDT
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Alijarah Holding Company Q.S.C. Announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was QAR 54.433 million compared to QAR 14.408 million a year ago. Operating income was QAR 5.825 million compared to operating loss of QAR 3.078 million a year ago. Net income was QAR 8.869 million compared to QAR 1.402 million a year ago. Basic earnings per share was QAR 0.018 compared to QAR 0.003 a year ago. For the nine months, total revenue was QAR 123.530 million compared to QAR 108.619 million a year ago. Operating income was QAR 2.404 million compared to operating loss of QAR 632,803 a year ago. Net income was QAR 12.901 million compared to QAR 12.754 million a year ago. Basic earnings per share was QAR 0.026 compared to QAR 0.026 a year ago.
Alijarah Holding Company QPSC is a Qatar-based company, primarily engaged in real estate, property development, transportation and driving school. The Company segmented into four operating segments including financial leasing (Ijarah), transportation, property development and driving School. The Company operates through its five wholly owned subsidiaries which include Alijarah Leasing Company, which provides Islamic leasing; Alijarah Equipment Company, which provides transportation services; Alijarah Limousine Company, which provides taxi & limousine services, Alijarah Property Development Company, which is engaged in the property development sector, and Alijarah Driving Academy offers driving school services. The Company is committed to conduct all its activities in accordance with Islamic Shariaâa principles.
ALIJARAH HOLDING (Q.P.S.C.) 