Doha – Mubasher: Qatar Industrial Manufacturing Company (QIMC) reported on Thursday a rise of 40.6% to QAR 54.9 million ($15.06 million) in the first quarter of fiscal 2016, compared to QAR 39.04 million ($10.71 million) in Q1-15.
Earnings per share rose to QAR 1.16 ($0.32) by the end of March, 2016, up from QAR 0.82 ($0.23) in the same period of 2015.
QIMC earlier posted a net profit of QAR 33.8 million ($9.27 million) in Q4-15, compared to QAR 20 million ($5.49 million) in Q4-14.
The Qatar-listed company’s stock closed yesterday’s session with a fall of 2.56% to QAR 38.4 ($10.55).
