Doha – Mubasher: Aamal Company’s annual net profit before fair value gains on investment properties jumped 50% during the fiscal year 2015.
This profit surge was ascribed to a 34.7% increase in total revenues last year to QAR 2.88 million from QAR 2.13 million in 2014, the company’s Chairman Faisal Al Thani said on Tuesday.
Meanwhile, total net profit rose 9.4% to QAR 656.7 million in 2015, versus QAR 600.2 million in 2014.
The Qatar-listed company’s share declined in today’s mid trading by 10% to QAR 12.69.
