Doha – Mubasher: Qatari German for Medical Devices Company announced on Sunday that its board of directors will gather on 30 March to discuss the financial results for the fiscal year 2015, according to a bourse filing.
The company’s net losses reached QAR 9.4 million ($2.58 million) in the first nine months of 2015, versus QAR 9.9 million ($2.72 million) in the same period of 2014.
Net losses worsened by 21.5% to QAR 11.3 million ($3.1 million) in 2014, compared to QAR 9.3 million ($2.55 million) in 2013.
The company’s stock rose 1.63 to QAR 12.5 ($3.43) in today’s early trading, as 8,900 shares were traded at QAR 110,400 ($30,316).
