Doha-Mubasher: Gulf International Services (GIS) reversed its positive performance on Tuesday, following the announcement of its financials during the first quarter of 2015.

The stock lost QAR 0.30 or 0.34% to reach QAR 87.70 after trading 239,640 shares, at a turnover of QAR 21.157 million, traded through 263 transactions.

The company reported a jump in net profit by 89% to QAR 355.72 million ($97.7 million) during the first quarter of 2015, compared to QAR 188.61 million ($51.8 million) during the corresponding period of 2014.