Qatari German Medical Devices Net Loss
Decreases to QR5.49 Million in Q3 2018
October 29, 2018
Qatari German Medical Devices Co. net loss
amounted to QR5.49 million, compared to a net loss of QR6.29
million for the same period last year, while the company’s loss
per share reached QR0.48, versus a loss of QR0.55 for the
corresponding period of 2017.
The Group’s Comments:
The company’s gross profit from activity
increased by 14.5% to QR1.98 million, while other income
decreased to QR1.8 million. Qatari German’s total expenses
decreased by 8% to QR9.3 million, resulting in the decrease of
loss by 6.3% to QR5.49 million.
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