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QG Medical Devices logs higher losses in H1

QG Medical Devices logs higher losses in H1
Photo Credit: Arabianeye-Reuters
QG Medical Devices
QGMD
3.35% 1.45 0.05

Doha-Mubasher: QG Medical Devices said Thursday it inflicted losses of QAR 6.8 million ($1.87 million) in the first half of 2015, up 6.25% from QAR 6.4 million ($1.76 million) in H1-14.

Loss per share rose to QAR 0.59 in H1-15 from QAR 0.56 in H1-14, according to a filing with the Qatari bourse.

The Qatari German company posted a 35.7% jump in its losses to QAR 3.8 million ($1.04 million) in Q1-15, compared to QAR 2.8 million ($0.77 million) in Q1-14.