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Medicare Group’s profits fall to QAR 13m in Q2

Medicare Group’s profits fall to QAR 13m in Q2
Medicare Group's profits amounted to QAR 12.8 million during Q2-18
Medicare
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Mubasher: Medicare Group on Tuesday reported a 13% year-on-year decrease in profits for the second quarter of 2018.

The company’s profits amounted to QAR 12.8 million ($3.55 million) during Q2-18, compared to QAR 14.72 million ($4.08 million) in the year-ago period, a statement to the Qatar Stock Exchange (QSE) showed.

Medicare Group’s profits increased 2% to QAR 33.25 million by the end of first half of 2018, from QAR 32.59 million during H1-17.

Earnings per share (EPS) amounted to QAR 0.28 in H1-18, up from QAR 0.25 in the corresponding six months last year.