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Qatar Industrial logs QAR 108m profit in H1

Qatar Industrial logs QAR 108m profit in H1
EPS amounted to QAR 2.28 during the period between January and June
QIMC
QIMD
-0.94% 3.59 -0.03

Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Thursday reported a profit decrease in the first six months of 2018, recording QAR 108.2 million, compared to QAR 113.4 million in H1-17.  

The firm attributed the first-half profit drop to a decline in its profit stake in a subsidiary, according to a statement to the Qatar Stock Exchange (QSE).

Earnings per share (EPS) amounted to QAR 2.28 during the period between January and June, down from QAR 2.39 in the prior-year period.

QIMC’s stock remained unchanged to close Thursday’s trading session at QAR 40.75.