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Islamic Holding Group posts QR3.42m Q1 net profit
(MENAFN- The Peninsula) Islamic Holding Group yesterday disclosed its financials for the first quarter (Q1) ended March 31, 2015, and reported a net profit of QR3.42m, up 15.5 percent compared to QR2.96m in the corresponding quarter last year.
The announcement came after the Board of Directors meeting held yesterday which was headed by Dr Yousef Ahmed Al Neamah (pictured), Chairman and Managing Director of the Group.
Dr Yousef said the company has recorded a strong performance and positive results which is an indicator of growth potential depending on the opportunities available.
He added that the national economy is witnessing strong growth in all fields, especially the Qatar Exchange. "We seek to discover new opportunities for investment, achieving an adequate return for the shareholders and better rates of growth, God willing."
The announcement came after the Board of Directors meeting held yesterday which was headed by Dr Yousef Ahmed Al Neamah (pictured), Chairman and Managing Director of the Group.
Dr Yousef said the company has recorded a strong performance and positive results which is an indicator of growth potential depending on the opportunities available.
He added that the national economy is witnessing strong growth in all fields, especially the Qatar Exchange. "We seek to discover new opportunities for investment, achieving an adequate return for the shareholders and better rates of growth, God willing."
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