Mubasher: Investment Holding Group posted a 13.1% year-on-year profit drop for the third quarter of 2018.

Net profits amounted to QAR 8.2 million in Q3-18, compared to QAR 9.5 million in Q3-17, according to the company’s statement to the Qatar Stock Exchange (QSE) late on Sunday.

Earnings per Share (EPS) recorded QAR 0.38 for the third-month period ended September, from QAR 0.37 for the same period of the previous year.

For the first nine months of 2018, the group’s profits rose to QAR 31.57 million, versus QAR 30.48 million in the same period the year before.

In the first half of 2018, net profit stood at QAR 23.33 million, up 11.1% from QAR 21 million in the same period a year earlier

By 10:16 am Qatar time, Investment Holding’s stock stood at QAR 5.39.