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.