United Development Company Q.P.S.C. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was QAR 562.76 million compared to QAR 385.86 million a year ago. Net income was QAR 88.02 million compared to QAR 80.29 million a year ago.

Basic earnings per share from continuing operations was QAR 0.025 compared to QAR 0.023 a year ago.