Doha - Mubasher: Mesaieed Petrochemical Holding Company reported a 48.2% decline in profits in the third quarter of 2016 to QAR 161.04 million, compared to QAR 310.73 million in the same quarter last year, according to a bourse filing.

Profits also decreased by 8.8% year-on-year in the nine-month period that ended 30 September to QAR 650.72 million, compared to QAR 713.49 million in the same period of 2015.