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Dlala Brokerage and Investment Holding Co. (Dlala) has become the second-quarter loser in the second quarter of this year, the Qatar Stock Exchange said on Tuesday.
Losses recorded in the first three months of 2019 amounted to 4.8 million riyals ($ 1.3 million), against profits of 60,000 riyals ($ 16.6 thousand) for the corresponding period of 2018.
This is not the case for the first half of this year, with the losses amounting to 3.68 million riyals, compared with the profits of the past half-year of 1.44 million riyals.
The loss per share amounted to 0.013 QR in the first half of 2019, compared to 0.005 RO by share for the same period of 2018.
In addition, mid-term results were impacted by lower net brokerage fee income of 43.2% to $ 7.36 million and net operating income of 16.1% to $ 14.86 million. .
The profit of Dlala in the first quarter of this year was 1.12 million riyals, down 18.84 percent from the same period last year, to 1.38 million riyals.
Dlala ended the day on the Qatar Stock Exchange, losing 6.88% at the lowest price of 0.825 SAR per share, posting a market value of 1.07 million riyals, distributed in 1.28 million shares .
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