Alijarah Holding (Q.P.S.C.) Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 04:56 pm IST
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Alijarah Holding (Q.P.S.C.) reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was QAR 7.21 million compared to QAR 9.92 million a year ago. Revenue was QAR 19.69 million compared to QAR 8.77 million a year ago. Net income was QAR 2.95 million compared to net loss of QAR 6.08 million a year ago. Basic earnings per share from continuing operations was QAR 0.006 compared to basic loss per share from continuing operations of QAR 0.012 a year ago. Basic earnings per share was QAR 0.006 compared to basic loss per share of QAR 0.012 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.