Ezdan posts $47m net profit

27 October 2010

Revenues were mostly from rent

Qatar-based property developer, Ezdan Real Estate has said its nine-month net profit has reached QR172.1m ($47m), while operational revenues, most of which rents-generated, increased to QR319.9m, the Peninsula has reported. Ezdan assets climbed to QR31.441bn, and real estate investment volume rose to QR11.211bn, the developer said.

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