United Development Company Q.P.S.C.

Qatar Stock Exchange UDCD.QA

United Development Company Q.P.S.C. Net Income for the year ending December 31, 2023: USD 110.28 M

United Development Company Q.P.S.C. Net Income is USD 110.28 M for the year ending December 31, 2023, a 3.59% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • United Development Company Q.P.S.C. Net Income for the year ending December 31, 2022 was USD 106.46 M, a 19.12% change year over year.
  • United Development Company Q.P.S.C. Net Income for the year ending December 31, 2021 was USD 89.37 M, a 44.13% change year over year.
  • United Development Company Q.P.S.C. Net Income for the year ending December 31, 2020 was USD 62.00 M, a -46.60% change year over year.
  • United Development Company Q.P.S.C. Net Income for the year ending December 31, 2019 was USD 116.11 M, a -15.46% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Qatar Stock Exchange: UDCD.QA

United Development Company Q.P.S.C.

CEO Mr. Ibrahim Jassim Abdel Rahman Al Othman Fakhroo
IPO Date Feb. 22, 2010
Location Qatar
Headquarters PO Box 7256
Employees 300
Sector Industrials
Industries
Description

United Development Company Q.P.S.C., together with its subsidiaries, identifies and invests in long-term projects in the State of Qatar. It operates through four segments: Urban Development, Hospitality and Leisure, Infrastructure and Utilities, and Other Operations. The company engages in the reclamation of land covering an area of 985 acres into a manmade island; and the development of the island into various districts comprising housing beachfront villas, town homes, luxury apartments, retail shopping complexes, penthouses, five-star hotels, marinas, and schools with related infrastructure and community facilities. It is also involved in the construction, ownership, and operation of district cooling systems; operation of marinas; sale of marine related equipment; and investment and management of restaurants, as well as purchase and sale of fast-moving consumer goods in the hospitality sector. In addition, the company invests in and develops real estate properties; manages and operates schools; and operates and develops hotels and resorts, as well as provides advertising, registry and master community, property management support, and information technology services. United Development Company Q.P.S.C. was incorporated in 1999 and is based in Doha, Qatar.

StockViz Staff

January 15, 2025

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