Mesaieed
Petrochemicals Net Profit Rises to QR 1 Billion in Q3 2018
October 30, 2018
Mesaieed Petrochemicals Company net profit
amounted to QR 1 billion, compared to QR806 million for the same
period last year, while the company’s earnings per share
recorded QR0.82 for the fiscal period ended 30/09/2018, versus
QR0.64 for the corresponding period of 2017.
The Group’s Comments:
Mesaieed Petrochemicals total revenues
climbed by 27.1% to QR945 million and total expenses increased
by 23.8% to QR15.1 million. After the addition of tax refunds of
QR97.9 million, the net profit rose by 27.5% to QR 1,027.8
million.
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