Qatar’s Ezdan Holding second quarter net profit rises 30%

Dubai: Qatar’s Ezdan Holding reported a 30 per cent rise in second-quarter net profit on Sunday.

Ezdan, founded by members of the ruling Al Thani family, made a net profit of 335.7 million riyals (Dh337 million, $92.2 million) in the three months to June 30, up from 257.4 million riyals in the same period a year ago.

Ezdan was added to MSCI’s emerging index as part of a rebalancing of the benchmark in a report published on May 15.