Comments
There are no comments.
Add Comments
A substantial shrinkage in income from investments led Qatar Industrial Manufacturing Company (QIMC) report a 5% decline in net profit to QR135.05mn in the first nine months of this year.
Sales rose 21% to QR285.43mn but cost of sales grew faster at 24% to QR239.54mn; yet translating into 9% increase in gross profit to QR45.89mn.
Operating profit was rather flat at QR17.15mn as other income fell 40% to QR4.35mn and general and administrative expenses shot up 2% to QR33.09mn.
Although share of results from associated companies grew 36% to QR112.76mn, there was 84% plunge in income from investments to QR7.64mn.
Finance costs were pruned 13% to QR1.67mn.
Total assets were valued at QR1.74bn, comprising current assets of QR0.35bn and non-current assets of QR1.39bn.
Total equity stood at QR1.51bn on a capital base of QR475.2mn and earnings-per-share was QR2.84 at the end of nine-month ended September 30, 2015.
There are no comments.
SPORT Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.
TECHNOLOGY Some 60mn primary-school-age children have no access to formal education
CULTURE Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions
ARABIA The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged
ARABIA Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.
ARABIA The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.
ECONOMY Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.
