Doha– Mubasher: Qatar Oman Investment Company (QOIC) reported a 40% jump in its net profits for the first quarter of 2015, reaching QAR 16.9 million ($4.6 million) compared to QAR 12.1 million ($3.3 million) in the same period of 2014.

Earnings per share advanced to QAR 0.536 in Q1-14 from QAR 0.384 during the same quarter of 2015, the bank said in a filing to Qatar Stock Exchange.

The Qatar-listed firm’s profit reached QAR 26 million in 2014, compared to QAR 20 million in 2013, registering an increase by 30%.