United Development Company QPSC operates within the Nonresidential construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Development Company QPSC with three other
non-residential construction companies in Middle East:
Galfar Engineering & Contracting
of Oman
(2018
sales of 293.99 million Omani Rials [US$763.62 million]
),
Damac Properties Dubai Co PJSC
of United Arab Emirates
(6.13 billion Arab Emirates Dirhams [US$1.67 billion]
), and
Heliopolis Housing and Development Co
which is
based in Egypt
(954.63 million Egyptian Pounds [US$54.42 million]
of which 100%
was Real Estate & Other A).
Sales Analysis.
During the year ended December of 2018, sales at
United Development Company QPSC were 1.63 billion Qatari Riyals (US$446.96 million).
This
is
a
decrease of 19.9%
versus 2017, when the company's sales were 2.03 billion Qatari Riyals.
Contributing to the drop in overall sales was the 26.8% decline
in Urban Development, from 1.44 billion Qatari Riyals to 1.05 billion Qatari Riyals.
There were also decreases in sales in
Other (down 1.9% to 182.54 million Qatari Riyals)
.
However, these declines were partially offset by the increase in sales of
Infrastructure and Utilities (up 11.5% to 430.97 million Qatari Riyals)
and
Hospitality and Leisure (up 4.7% to 24.71 million Qatari Riyals)
.