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UDC profit up 23% in H1 2022

United Development Company (UDC) has reported a net profit of US$46,043,956.
  • The EPS amounted to QR 0.047 as of June 30, 2022, versus an EPS of QR 0.038 for the same period in 2021
  • United Development Company was established in 1999 and has an authorized capital of QR 3.5 billion

United Development Company (UDC) has reported a net profit of QR 167,600,000 (US$46,043,956) compared to a net profit of QR 135,781,000 for the same period of the previous year. 

The earnings per share (EPS) amounted to QR 0.047 as of June 30, 2022, versus an EPS of QR 0.038 for the same period in 2021.

UDC was established in 1999 and has an authorized capital of QR 3.5 billion.