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Qatari bank, firm to post Q3 results late October

Qatari bank, firm to post Q3 results late October
(Photo Credit: Arabianeye-Reuters)
International Islamic
QIIK
2.37% 10.35 0.24
General Insurance
QGRI
-0.45% 1.10 -0.01

Doha – Mubasher: Qatar International Islamic Bank (QIIK) and Qatar General Insurance and Reinsurance Co. on Thursday stated the date for announcing the financials for the third quarter of 2016, according to separate bourse filings.

QIIK said it will disclose its financial results on Monday, 24 October, 2016. It previously reported a decrease in net profit of 2.6% to QAR 219.9 million ($60.38 million) in Q2-16, from QAR 225.7 ($61.98 million) in the year-ago period.

Meanwhile, Qatar General Insurance and Reinsurance Co. said it will post its financials for Q3-16 on Wednesday, 26 October. It last reported a net profit of QAR 31,960 ($8,776.22) in Q2-16, compared to QAR 44,740 ($12,285.6), down 28.6%.