Salam International posts flat quarterly profit

Doha – Mubasher: Salam International Investment Company’s profits for the second quarter of the fiscal year 2015 stood at QAR 15.4 million ($4.23 million); the same profits reached in the same period of 2015.

In the first half of the year, net profit rose by 5.8% to QAR 47.5 million from QAR 44.9 million in H1-15, according to a bourse filing released on Thursday.

The company earlier reported a net profit of QAR 32.1 million for Q1-16, 8.8% up from QAR 29.5 for Q1-15.

The stock ended today’s trading falling by 1%.

Mubasher Contribution Time: 11-Aug-2016 13:54 (GMT)
Mubasher Last Update Time: 11-Aug-2016 13:54 (GMT)