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(The Group’s Comments) QAMCO Posts a Net Profit of QAR
60.56 Million for the 10-Month Period Ended 30/9/2019
October 23, 2019
Profits: amounted to about QAR 60.5 million
within the period from 3 December 2018 to 30 September 2019,
while its earnings per share reached QAR 0.011. The results of
joint ventures, which represent 50% of the capital of Qatar
Aluminum Ltd (Qatalum), which produces and sells aluminum
products through its smelter in Mesaieed.
The total shareholders' equity at the end of the period amounted to
about QAR 5,701.1 million, while the book value
per share stood at QAR 1.02 and return on equity sat at 1.06%.
Comprehensive Income: QAMCO achieved
assessment profits of its financial assets (cash flow hedging)
of about QAR 10.4 million.
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