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QSE Listed Companies Net Profits in 2016 Drop 12.4% to
QR 38.3 Billion
April 05, 2017
With the end of disclosure period for the 12 months ended
December 31, 2016, forty-three companies out of the forty-four
listed companies at Qatar Stock Exchange (QSE) have disclosed
their financial statements results for the year ended December
31, 2016. The combined net profit of all companies as of
December 31, 2016 amounted to QR 38.3 billion versus QR 43.8
billion for the corresponding period in 2015, a decline of
12.4%.
It
is worth mentioning that Vodafone Qatar was not included in the
announcement of the annual financial results due to the fact its
financial year starts on April 1 and ends on March 31 of each
year.
The financial statements for all listed companies can be found
on Qatar Stock Exchange website.
Qatar Stock Exchange would like to thank all listed companies
for their efforts in enhancing the disclosure and transparency
principles.
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