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Qatari German Medical Devices loss in Q2, 2017 Rise 7%
to QR4.31
Loss per share stood at QR 0.37
August 14, 2017
Qatari German Company for Medical Devices
loss in the
first half of the year increased by 7% to QR 4.31 million
compared to a net loss of QR 4.02 million in the corresponding
period last year. The loss per share stood at QR 0.37 versus a
loss of QR 0.35 in the corresponding period in 2016.
The Group Securities Comment:
Total revenues of
Qatari German Company for Medical Devices
in the first half of the year decreased by 18% to QR 1.84 million, of which
QR 1.37 million was other income. Total expenses including cost
of finance increased 5.6% to QR6.62 million. Net loss rose 8.2%
to QR4.3 million.
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