United Development profit up
Qatar: Thursday, October 18 - 2007 at 13:48
United Development Co., Qatar's biggest property developer, has reported that its nine-month profit rose 34%, reported Bloomberg. Net income increased to 216 million riyals ($59.4m), or 2.02 riyals a share, from 161 million riyals, or 1.5 riyals, in the same period a year earlier. The company provided no explanation for the growth.
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Jeff Florian, Senior ReporterThursday, October 18 - 2007 at 13:48 UAE local time (GMT+4)
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