Qatar listed firms post QR21.65bn revenues in H1


(MENAFN) Qatar public traded companies recorded net profit of QR21.65bn in the first half of this year, down 10.36 percent compared to QR24.15bn in the same period of 2015.

Moreover, collective profits from banks hit QR10.69bn, up 3.50 percent compared to QR10.33bn from a year ago, while QIB revenue jumped the most by 17.90 percent.

In addition, net profits of real estate firms viewed the deepest decline, which recorded 48.80 percent, with Barwa dropping the most by 65.18 percent.

However, the industrial sector faced issues, as its net earnings declined by 14.27 percent, compared to H1 of 2015.


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