Qatar Today announces second edition of business excellence awards

Date

5/5/2016 1:23:29 PM

(MENAFN- The Peninsula)

DOHA: Qatar Today has announced the second edition of its Business Excellence Awards.

The event being held under the auspices of Qatar Stock Exchange will identify and felicitate the top performing companies on the bourse in 2015.

This year’s ranking is based on performance and utilises key financial metrics and ratios. The underlying data is sourced from Capital IQ (one of the stock market database vendors operating under McGraw Hill) and the Qatar Stock Exchange. The weighted average mechanism considers performance of all companies on QSE for three years with focus on current financial results.

Weights assigned to financial metrics by QT comprises share price growth (20 percent) dividend yield (20 percent) liquidity (20 percent) return on equity (15 percent) revenue growth (10 percent) and net margin (15 percent).

Liquidity has been estimated by having reference to annual number of transactions and volume traded compared with shares outstanding.

“We are back this year with a new and improved formula to determine the Top 10 companies more partners and a bigger venue. Today we are honoured to introduce our partners without whom an event of this ambition and magnitude won’t be possible” said Sindhu Nair Managing Editor of Oryx Publishing and Advertising the house that brings out Qatar Today every month.

In a high-profile red carpet evening on May 30 Qatar Today will honour the executives of these top performing listed companies and also other key business leaders.

A networker’s dream the event will be attended by the who’s who of Qatar corporate high life.

This event will witness the congregation of the key decision-makers who are driving the country’s business and economy.

The Peninsula

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