Doha-Mubasher: United Development Company (UDC) posted a 1.1% decline in its first-quarter profits, according to a bourse statement.
Profits reached QAR 258.89 million ($71.03 million) in the first quarter of 2016, compared to QAR 261.8 million ($71.83 million) in the same quarter of 2015.
Earnings per share (EPS) reached QAR 0.73 ($0.20) in Q1-16, compared to QAR 0.74 ($0.20) in Q1-15.
