Industries Qatar QPSC (IQCD)

Mubasher: Qatar National Bank (QNB) Financial Services reduced the price target (PT) for Industries Qatar by 5.6% to QAR 119 per share, from QAR 126 and maintained "Market Perform" recommendation, with a more conservative approach, according to a …

Mubasher: The ordinary general meeting (OGM) of Industries Qatar on Tuesday approved the distribution of QAR 6 per share in cash dividends, which accounts for 60% of the stock’s par value. In February, Industries Qatar reported a 52% profit …

Mubasher: Industries Qatar reported a 52% profit increase for the year ended 31 December 2018, driven by increased product prices and sales volumes.  The Qatari firm’s profits rose to QAR 5.03 billion in 2018, compared to QAR 3.31 billion in the …

Mubasher: Qatar National Bank (QNB) Financial Services expected Industries Qatar to distribute a cash dividend of QAR 7 per share for the full-year 2018, according to a statement on Monday. The Qatari producer of petrochemicals, metals, and …

By: Eman Ghaly Mubasher: Profits of the industrial companies listed on the Qatar Stock Exchange (QSE) increased by 22.04% year-on-year in the third quarter of 2018, according to Mubasher’s statistics. The industrial sector’s profits hiked to QAR …

Mubasher: Industries Qatar on Wednesday posted a 76.02% year-on-year profit hike for the third quarter of 2018. Net profits amounted to QAR 1.3 billion in Q3-18, compared to QAR 747.8 million in Q3-17, according to the company’s statement to the …

Mubasher: Qatar National Bank (QNB) Financial Services raised Industries Qatar’s price target (PT) to QAR 126 per share instead of QAR 109. The new PT is lower than the current market price, which is amounted to QAR 132, by 4.5%, the brokerage arm …

Mubasher: QNB Research rose the price target (PT) for Industries Qatar to QAR 126 per share, from QAR 109, and maintained its “hold” recommendation. The new PT is 4.5% lower than the current market price, as the stock is trading at QAR 132. QNB …

Mubasher: Moody's Investors Service has changed the outlook on the Aa3 long-term issuer rating of Qatar's national oil and gas company Qatar Petroleum (QP), the A1 long-term issuer rating of QP subsidiary Industries Qatar (IQ), and the A1 …

Mubasher: Industries Qatar on Tuesday announced that the company will increase non-Qatari investors' ownership in the company to 49% from its current 25%. The decision comes as a response to the call issued by Rashid Al Mansoori, CEO of the Qatar …

Mubasher: Industries Qatar announced that its net profits surged 12% to QAR 3.3 billion in 2017, up from QAR 2.9 billion a year earlier, according to the company’s statement to the Qatar Stock Exchange (QSE). Earnings per share (EPS) amounted to …

Doha – Mubasher: Industries Qatar’s stock on Monday acquired 36.6% of total liquidity on the Qatar Stock Exchange (QSE). By 10:11 am Qatar time, traded value reached QAR 36.65 million of the QSE total trading value of QAR 100.23 million. Across …

By: Aml Hosny Doha – Mubasher: Qatari industry companies listed on the Qatar Stock Exchange (QSE) reported a 7.66% growth in profits for the first quarter of 2017, compared to Q1-16. The profits of Qatar Industrial Manufacturing Company (QIMC), …

Doha – Mubasher: Qatar Petrochemical Company (QAPCO), a subsidiary of Industries Qatar (IQ), on Sunday announced signing an agreement with Qatar Petroleum (QP) to provide QAPCO with additional amounts of ethane gas in order to improve its …

Doha – Mubasher: Qatar National Bank (QNB) said in a note released Wednesday that it has lowered its price target (PT) for Industries Qatar to QAR 120 from QAR 126. Industries Qatar’s new PT is 11.6% higher than the current price of QAR 107.5, …

Doha - Mubasher: The unaudited financial statements of Industries Qatar (IQ) showed a growth in profits for the first quarter of 2017 by 33.13 year-on-year, according to a bourse filing. The company said in a statement to the Qatar Stock Exchange …

By: Aml Hosny Doha – Mubasher: The financial statements of eight Qatari-listed companies in the industry sector showed a drop of 22.3% in profits in the fourth quarter of 2016, compared to the same period in 2015. The profits of the eight …

Doha – Mubasher: Industries Qatar said Wednesday that its ordinary general meeting (OGM) has approved the distribution of cash dividends of QAR 4 per share (40% of the stock’s nominal value) for fiscal year 2016. The company is capitalised at QAR …

Doha – Mubasher: Industries Qatar (IQ) said its ordinary and extraordinary general meetings will be held on Tuesday, 28 February, to discuss 40% cash dividends, or QAR 4, for 2016, according to a statement. The meetings will be held on Wednesday, …

Qatar – Mubasher: Qatar National Bank (QNB) maintained the price target (PT) of Industries Qatar (IQ) at QAR 130, with expectations that the stock will see a weak performance in the short term. The stock may be weighed by lower annual dividends …

Doha – Mubasher: Industries Qatar (IQ) said its board recommended 82% cash dividends or QAR 4 per shares for the fiscal year 2016. Total proposed dividends amounted to QAR 2.4 billion, according to a bourse The board called to convene the ordinary …

Doha – Mubasher: Industries Qatar (IQ) reported a 63.9% decline year-on-year in the fourth quarter of 2016, according to a bourse statement. Profits reached QAR 229.99 million ($63.11 million) in Q4-16, compared to QAR 638.65 million ($175.24 …

Doha – Mubasher: Qatar National Bank (QNB) said in a note on Thursday that it has raised the price target (PT) of Industries Qatar to QAR 130. The new PT is 30% up from QNB's last note where it placed the company's PT at QAR 100. QNB said expects …

By: Mohamad Farouk Doha – Mubasher: The financial statements of the industrial companies listed on Qatar Stock Exchange (QSE) showed a decline of 34% in the third quarter of 2016 as compared to the same period a year ago. Profits of the industrial …

Doha - Mubasher: Industries Qatar (IQ) recorded a 47.2% year-on-year decrease in profits in the third quarter of 2016, to QAR 755 million ($207.2 million) from QAR 1.43 billion ($392 million) in the third quarter last year. Profits also dropped …