Net Profits of QSE Listed Companies Decline 18.5% to QAR 8.5 Billion in 1st Quarter 2020
4 May 2020
A total number of 46 companies (out of 47) have disclosed their financial results for the 1st quarter this year 2020. Total net profits of these companies for the quarter amounted QAR 8.59 billion compared to QAR 10.54 billion for the corresponding quarter last year 2019, a decline of 18.5%.
It is worth-noting that QSE Index has dropped since the beginning of the year till the date of this report by 16.8%.