Doha – Mubasher: Qatar National Cement Company posted on Monday a net profit of QAR 123.8 million ($34 million) in the first quarter of fiscal 2016, 1.6% down from QAR 125.76 million ($34.5 million) in Q1-15.
Earnings per share also decreased to QAR 2.08 by the end of March 2016 from QAR 2.12 in the same period of 2015.
The Qatar-listed company earlier reported a net profit of QAR 463.5 million in 2015, rising 10% compared to QAR 420.3 million in 2014.
