Qatar Investors Group Net Profit Fell 9.2%
to QR175.32 Million in Q3 2018
October 22, 2018
Qatari Investors Group net profit amounted to
QR175.32 million, compared to QR193.25 for the same period last
year, while the group’s earnings per share amounted to QR1.41
until the end of the third quarter of 2018, versus QR1.55
recorded in the corresponding period of 2017.
The Group’s Comments:
Qatari Investors' profit from activity rose
by 8.7% to QR295.9 million, while other income and profit
amounted to QR7.6 million. On the other hand, expenses also
increased by 11.2% to QR73.2 million, and financing expenditures
climbed by 52.3% to QR61.7 million. As a result the net profit
fell 9.3% to QR175.3 million.
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