Zad Holding Company Q.P.S.C. Reports Earnings Results for the Nine Months Ended September 30, 2020
November 02, 2020 at 12:08 am IST
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Zad Holding Company Q.P.S.C. Announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced total revenue was QAR 948.190 million compared to QAR 1,069.264 million a year ago. Net income was QAR 138.025 million compared to QAR 147.250 million a year ago. Basic earnings per share was QAR 0.58 compared to QAR 0.62 a year ago.
Zad Holding Company QPSC, formerly Zad Holding Co SAQ, is a Qatar-based company that that operates in the food processing sector. The Company operates through its subsidiaries: Qatar Flour Mills Company, which produces a range of wheat flours; Umm Said Bakery (USB), which produces bakery products include Khubz, Lebanese bread and European products, such as slice bread, croissant, muffins and buns, among others; National Food Company, which is engaged in producing and marketing processed frozen meat products; Arzak Marketing Co. (AMC), and Qatar Food Industries Co.