Alijarah Holding (Q.P.S.C.) Reports Earnings Results for the Half Year Ended June 30, 2022
July 14, 2022 at 02:59 pm EDT
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Alijarah Holding (Q.P.S.C.) reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was QAR 15.26 million compared to QAR 14.2 million a year ago. Revenue was QAR 23.31 million compared to QAR 11.4 million a year ago. Net income was QAR 6.74 million compared to net loss of QAR 7.8 million a year ago. Basic earnings per share from continuing operations was QAR 0.014 compared to basic loss per share from continuing operations of QAR 0.027 a year ago. Basic earnings per share was QAR 0.014 compared to basic loss per share of QAR 0.016 a year ago.
Alijarah Holding Company QPSC is a Qatar-based company, primarily engaged in real estate, property development, transportation and driving school. The Company segmented into four operating segments including financial leasing (Ijarah), transportation, property development and driving School. The Company operates through its five wholly owned subsidiaries which include Alijarah Leasing Company, which provides Islamic leasing; Alijarah Equipment Company, which provides transportation services; Alijarah Limousine Company, which provides taxi & limousine services, Alijarah Property Development Company, which is engaged in the property development sector, and Alijarah Driving Academy offers driving school services. The Company is committed to conduct all its activities in accordance with Islamic Shariaâa principles.