403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Qatar's MPHC net profit up 83 percent in Q1
(MENAFN) Mesaieed Petrochemical Holding Co. posted net profit of USD 58.28mn for the first quarter of this year, an increase of 83 percent.
Furthermore, the increase was attributed to growth sales volumes and other income, which was also helped by recognition of a tax refund of USD 5.48mn.
In addition group's earning per share for the quarter was of USD 0.046, which continued to benefit from the supply of priced ethane and fuel gas.
The closing cash position after the cited quarter reached USD 241.3mn, was a robust USD 118.61mn.
Furthermore, the increase was attributed to growth sales volumes and other income, which was also helped by recognition of a tax refund of USD 5.48mn.
In addition group's earning per share for the quarter was of USD 0.046, which continued to benefit from the supply of priced ethane and fuel gas.
The closing cash position after the cited quarter reached USD 241.3mn, was a robust USD 118.61mn.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment