Qtel, Barwa and Zad Holding disclose semi- annual financial statements


(MENAFN- Qatar News Agency) Qatar Telecommunications (Qtel), Barwa and Zad Holding disclosed their semi- annual financial statements for the period ending June 30, 2009. Qtel reviewed financial statements for the period ending June 30, 2009 revealed a net profit of QR 1.6 billion in comparison to a net profit of QR 1.2 billion for the same period last year. The company's Earnings per Share (EPS) amounted to QR 11.17 for the first half ended June 30, 2009 versus QR 10.35 for the corresponding period in 2008 Barwa Real Estate Company revealed a net profit of QR 374.2 million in comparison to a net profit of QR 278.7 million for the same period last year. The company's Earnings per Share (EPS) amounted to QR 1.43 for the first half ended June 30, 2009 versus QR 1.13 for the corresponding period in 2008. The company also announces its intent to hold an analyst meeting on Wednesday, August 19, 2009 on the semi-annual financial statements results for the first half ended June 30, 2009. Zad Holding Company ''s reviewed financial statements for the period ending June 30, 2009 revealed a net profit of QR 46.3 million in comparison to a net profit of QR 46.2 million for the same period last year. The company's Earnings per Share (EPS) amounted to QR 5.06 for the first half ended June 30, 2009 versus QR 5.05 for the corresponding period in 2008.


Qatar News Agency

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