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Qatari Investors Group posts QAR 84m profit in Q1

Qatari Investors Group posts QAR 84m profit in Q1
Profits amounted to QAR 84.15 million in Q1-18
Investors
QIGD
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Mubasher: Qatari Investors Group reported a 1% year-on-year fall in its profits for the first quarter of 2018.

Profits amounted to QAR 84.15 million in Q1-18, down from QAR 84.86 million in the same quarter a year earlier, according to the company’s filing to the Qatar Stock Exchange (QSE) issued late on Wednesday.

Earnings per share (EPS) remained unchanged at QAR 0.68 during the three-month period ended 31 March, the Qatar-based firm noted. 

The group last posted a decline of 8.7% in its net profits to QAR 253.06 during the full-year 2017, compared to QAR 277.04 million in the year before.