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Qatar’s QOIC profits grow 9.8% in H1

Qatar’s QOIC profits grow 9.8% in H1
Photo Credit: Arabianeye-Reuters
Qatar Oman
QOIS
0.44% 0.69 0.00

Doha-Mubasher: Qatar Oman Investment Company (QOIC) said Monday its profit increased 9.25% to QAR 19.5 million ($5.35 million) in the first half of 2015, compared to QAR 17.9 million ($4.91 million) in the corresponding period of 2014.

Earnings per share rose to QAR 0.62 in H1-15 from QAR 0.57 in H1-14, according to a filing to the Qatar Stock Exchange.

The company previously reported profits of QAR 16.9 million ($4.6 million) in Q1-15, compared to QAR 12.1 million ($3.3 million) in Q1-14.