Doha – Mubasher: Qatar Industrial Manufacturing Company’s (QIMC) profits rose in the first half of fiscal 2016 by 14% year-on-year.
Net profit reached QAR 97.2 million ($26.69 million) in H1-16, versus QAR 85.4 million ($23.45 million) posted for H1-15, according to a bourse filing released on Monday.
Earnings Per Share amounted to QAR 2.05 for H1-16, compared to QAR 1.79 for the same period in 2015.
Operating profit rose to QAR 49.9 million by the end of June 2016, compared to QAR 12.9 million in the same period in 2015. Profit share from associated companies increased from QAR 66.2 million to QAR 68.6 million.
