Dlala Holding Reports QR 22.6 Million in Net Profit

Doha, January 31 (QNA) - Dlala Holding Company announced Tuesday the financial statements for the year ended December 31, 2011. The financial statements revealed a net profit of QR 22.6 Million in 2011 compared to QR 13.1 Million in 2010, the company said in a release published on the (Qatar Exchange) website. The Company's Earnings per Share (EPS) in 2011 amounted to QR 1.13 versus QR 0.66 in 2010. The board of Directors recommended to distribute cash dividend of 10% equivalent to 1 QR per share compared to 0.85 QR in 2010. Dlala Brokerage and Investment Holding Company (Q.S.C.) was established in May 2005. In September 2005, the Company became the first non-banking financial organization to be listed on the Qatar Exchange in order to provide brokerage services to investors in equity markets. Dlala Holding later went on to establish both Dlala Brokerage Company (W.L.L.) and Dlala Islamic Brokerage Company (W.L.L.). (QNA)