Mubasher: Aamal Company on Monday reported a 1.1% year-on-year growth in its profits for the first quarter of 2018.

Net profits amounted to QAR 115.8 million in the three-month period ended March 2018, compared to QAR 114.5 million in Q1-17, according to the company’s statement to the Qatar Stock Exchange (QSE). 

Earnings per share (EPS) remained unchanged at QAR 0.18, the QSE-listed firm noted. 

For the full-year 2017, Aamal’s profits grew 8.4% to QAR 500.9 million, from QAR 462.3 million a year earlier.

By the end of Monday’s session, Aamal’s stock dropped 2.63% at QAR 11.09.