The Group Securities: Overview of the Key
Indicators of Consolidated Financial Statements of the
Industrial Sector Companies Listed on Qatar Exchange for H1 2019
August 08, 2019
The Group Securities presents its review of the key indicators of
the consolidated financial statements of the industrial sector
on Qatar Stock Exchange for the first half of 2019, as reflected
in the financial statements for the period ended 30/06/2019,
namely the Consolidated Net Profits, Revenues and Net Profit
Margin. The chart published in this report summarizes the key
indicators of the consolidated financial statements of the
industrial sector on the Qatar Exchange for the first half of
2019.
-
Profits of the industry sector for
Qatari companies listed on the Stock Exchange amounted to QAR
2.87 billion for the first half of 2019, down 38.6% compared to
the same period of 2018. Investment Holding Group recorded the
highest profit growth at 19.5%, while Mesaieed Petrochemicals
had the biggest decline in profits at 54%.
-
Industries Qatar’s profits made up
51% of the sector's net profits, followed by Qatar Electricity &
Water Co. with 21.5%.
-
On the other hand, the revenues of
the sector fell by about 10%. The largest decline in this sector
was recorded by both Mesaieed Petrochemicals and Industries
Qatar at around 23%, due to declining prices of petrochemical
products during this period.
-
The average net profit margin for
the companies operating within this sector amounted to about
36%. The highest margins were Mesaieed’s and Industries Qatar’s
at 67% and 63% respectively, while the lowest margin was
recorded by Gulf International Services at 2%.
* QAMCO is not included in this review as its financial statements
cover 7 months, and does not have a prior comparative period.
|