DISCLOSES THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Mazaya Real Estate Development Company discloses its financial statements for the year ended December 31, 2023. The statements show that the net profit is  (QR 29,687,237) compared to net profit amounting to (QR 41,008,041)  for the same period of the previous year.

The earning per share amounted to (QR 0.026) for the year ended December 31, 2023, to earning per share amounted to (QR 0.035) for the same period of the previous year.

The Board recommended to distribute of a cash dividend of 2.5% of the capital, i.e. Dirham 2.5 per share for the year ended 31 December 2023.