Qatar's Industries Co. profit falls by 13.6 percent


(MENAFN) Petrochemicals, metals and fertilizer generator Industries Qatar recorded a drop in net profit at 13.6 percent in Q2.

Furthermore, the firm made a net profit of USD348.8mn in the cited period of this year.

On the other hand, last year the company recorded a net profit of 1.47bn riyals in the same period, while the average forecasted was 799.9mn riyals.

Meanwhile, the firm posted 1.97bn riyals in the cited period of this year, a drop from 2.42bn riyals in the same period last year.


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.