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Qatari Investors Group Net Profit in Q1, 2017 Rise to
QR 84.9 Million
Earnings per share stood at QR 0.68
April 24, 2017
Qatari Investors Group net profit in the first quarter amounted
to QR 84.9 million compared to QR 74.9 million in the
corresponding period last year. Earnings per share amounted to
QR 0.68 versus QR 0.60 in the corresponding period in 2015.
The Group Securities Comment:
Qatari Investors Group net profit in the first quarter of 2017
rose 9.3% to QR 115.7 million. Expenditure stood at QR 25.9
million. Net operating profit increased by 11.4% to QR 91.6
million. After subtracting the net financing cost, which fell
18.3% to QR10.7 million, and adding a stake of other companies'
profits, the company's net profit rose 13.4% to QR 84.9 million.
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