Doha - Mubasher: Islamic Holding Group has reported losses of QAR 540,000 ($146,900) in the second quarter of 2017, versus profits of QAR 727,220 ($197,820) in the same period last year, as shown by the company’s financial statement.

As for the first half of the year, profits declined by 19.3% to QAR 769,820 in the six-month period that ended 30 June 2017, down from QAR 954,080 in H1-16, according to the company’s statement to the Qatar Stock Exchange (QSE) on Tuesday.

Return on equity reached QAR 0.14 per share in H1-17 compared to QAR 0.17 in H1-16, the statement noted.