Doha – Mubasher: Gulf International Services and Mazaya Qatar companies said on Monday that they will announce their financial statements for the first half of the fiscal year 2016 on 2 August.

Gulf International’s profits declined in the first quarter of fiscal 2016 by 77.8% to QAR 78.93 million, versus QAR 355.72 million in Q1-15.

Meanwhile, Mazaya’s earnings grew in Q1-16 by 2.5% to QAR 26.7 million from QAR 26.06 million in Q1-15.

The two company’s stocks opened today’s trading at the Qatar Stock Exchange (QSE) on a positive note, as Gulf International rose 0.13% to QAR 37.16 and Mazaya leapt 0.7% to QAR 14.25.