Doha – Mubasher: Qatar National Cement’s profits for the second quarter of 2016 rose 9.5% year-over-year to QAR 127.9 million ($35.1 million) from QAR 116.84 million ($32.1 million), according to a bourse filing.

Over the first six month, the company earned QAR 251.7 million, registering a growth of 3.8% compared to QAR 242.6 million for the year-ago period.

During the first half as well, return on equity stood at QAR 4.24 versus QAR 4.08 for the first half of 2015.

In the first quarter, earnings declined 1.6% year-over-year to QAR 123.8 million from QAR 125.76 million.