Aamal’s profits rise 23.5% in H1

Doha – Mubasher: Aamal Company posted on Monday a net profit of QAR 305.5 million ($83.89 million) for the first half of the fiscal year 2016, 23.5% up from QAR 247.4 million ($67.94 million) reported for H1-15.

Earnings per Share reached QAR 0.41 for the first six months of 2016, compared to QAR 0.35 for the same period of the previous year, rising 17.1%.

Total revenue grew in H1-16 by 3% to QAR 1.39 billion from QAR 1.35 billion in H1-15, according to a bourse filing. 

Gross profit increased in the six-month period by 14.5% to QAR 355.3 million, versus QAR 310.4 million reached in the same period of 2015.

Mubasher Contribution Time: 25-Jul-2016 12:25 (GMT)
Mubasher Last Update Time: 25-Jul-2016 12:41 (GMT)