Mazaya Qatar Real Estate Development Company's nine-month net profit for the period ended September 30 has jumped to QR 87.9 Million.
This is a substantial increase compared to the net profit of QR 7.7 Million reported for the same period in 2013.
The company's Earnings per Share (EPS) amounted to QR 0.879 compared to QR 0.077 for the corresponding period in 2013.
Mazaya Qatar is a Qatari Public Shareholding Company of National and Gulf investors, established on 10 January 2008 with a capital of QR1 billion, of which QR500 million was paid, divided into 50 million shares.
The company's mission is to provide the best possible returns to shareholders with state-of-the-art systems in real estate services, bringing together global reach alongside local expertise.