Mazaya posts net profit of QR 6.7 Million

Mazaya Qatar Real Estate Development Company disclosed the semi annual financial statements for the period ending June 30, 2012. The reviewed financial statements for the period ending June 30, 2012 revealed a net profit of QR 6.7 million in comparison to QR 7 million for the same period last year. The company’s Earning per Share (EPS) amounted to QR 0.067 as of June 30, 2012 versus QR 0.070 for the corresponding period in 2011. Mazaya Qatar Real Estate Development Company has been established as a Qatari shareholding company with an authorized capital of QR 1 billion. The company specializes in real estate development and investment while abiding by the rules of the Islamic Shariah.