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30/07/2013 10:57 AST
Dlala Holding has recorded a Net Loss of QR. 22.6 Million for the six months ended 30th June 2013. Company recorded an Operating Profit of 25.3 Million and the net loss was resulted due to exceptional and non-routine expenses of QR. 48 Million including Provision for legal cases and permanent impairment on securities investment.
Chairman of Dlala Holding Mr. Nasser Al Sulaiti said that Dlala holding is in the right track of growth and cleaning up the books related to old cases of 2006 and 2008 and improving the asset quality were the key concerns of the management for the 1st half of 2013 and it was really a tough and bold decision of the board.
Mr.Sulaiti also said that Dlala's key focus is to improve business efficiency at each and every level of operation. He also emphasized the various actions taken by the new Board of Directors to accelerate the growth of Dlala holding operational performance.
Managing Director Mr. Ahmed Al Asmakh said that Dlala's operational performance for the first half of 2013 was remarkable and net loss due to exceptional items resulted a temporary situation and the Management, with full support of the Board, has taken necessary legal actions against concerned parties to recover a major part of the provisions related to legal cases. He also said that loss on permanent impairment can be recovered in the coming quarters considering the growth in Qatar Economy.
Press Release
26/04/2015
Dlala Holding disclosed the interim financial statement for the three month period ended March 31, 2015. The financial statements revealed a net profit of QR 6.4 Million in comparison to QR 16.8 Mil
Qatar Exchange
02/04/2014
Dlala Brokerage and Investment Holding Company announced the results of its Ordinary General Assembly Meetings that was held on Tuesday, 01/04/2014 has approved the following Agenda:
1. Pr
Press Release
29/10/2013
Dlala Brokerage and Investment Holding disclosed the interim financial statements for the period ending September 30, 2013. The interim financial statements revealed a a net loss of QR 11.8 million f
Press Release
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Financial Information Co.
Saudi Arabia