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Qatar's United Development Company closes even, publishes nine-month results

  • Qatar: Sunday, October 21 - 2012 at 15:48

The Qatar Exchange closed 0.05% lower at 8.538.21 points Sunday. United Development Company (UDC), the developer of the man-made island The Pearl Qatar, ended flat at QR18.20. Earlier in the day, UDC disclosed the interim financial statements for the period ending September 30, 2012. The interim financial statements revealed a net profit of QR417.4m for the nine months period ended September 30, 2012 in comparison to a net profit of QR1.8bn for the corresponding period last year.

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