Abu Dhabi – Mubasher: Q Holding, formerly known as Al Qudra Holding, logged net profits attributable to the shareholders worth AED 899.67 million in 2022, a leap from AED 164.77 million in 2021.
Revenues enlarged to AED 720.26 million during the January-December 2022 period, versus AED 399.10 million a year earlier, according to the consolidated financial results.
The basic and diluted earnings per share (EPS) attributable to the equityholders reached AED 0.14 last year, compared to AED 0.10 in 2021.
Additionally, the total assets amounted to AED 19.54 billion as of 31 December 2022, an annual surge from AED 12.58 billion.
In the first half (H1) of 2022, the net profits attributable to the owners of Q Holding hiked to AED 653.35 million from AED 37.15 million during the same period in 2021.
Total revenues widened to AED 434.83 million in H1-22 from AED 243.29 million in H1-21, whereas the basic and diluted EPS jumped to AED 0.11 from AED 0.04.
