Alijarah Holding Q.P.S.C. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 19, 2019 at 02:32 pm EDT
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Alijarah Holding Q.P.S.C. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was QAR 34.303 million compared to QAR 52.857 million a year ago. Operating loss was QAR 4.456 million compared to operating Income of QAR 5.050 million a year ago. Net loss was QAR 943,261 compared to net income of QAR 9.478 million a year ago. Basic loss per share was QAR 0.002 compared to basic earnings per share of QAR 0.019 a year ago. For the half year, total revenue was QAR 69.096 million compared to QAR 94.211 million a year ago. Operating loss was QAR 3.420 million compared to operating Income of QAR 2.445 million a year ago. Net income was QAR 4.031 million compared to QAR 11.352 million a year ago. Basic earnings per share was QAR 0.008 compared to QAR 0.023 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.
ALIJARAH HOLDING (Q.P.S.C.) 
