facebook google-plus instagram linkedin twitter youtube arrow arrow-up calendar Capital chart download hub kfh-shape live-stream map menu Office print Search Servers share Trucks
AR
August 2011

31 firms report over 25% net profit growth in H1 of 2011

THIRTY-ONE firms out of the 42 listed on Qatar Exchange have reported a net profit growth of more than 25 percent during the first half of 2011.

The aggregate mid-term net profit of these companies amounted to QR14,783,020,000 compared to QR11,824,400,00 in the first half of 2010.

Leading the pack was industrial sector with a net profit growth of 46.51 percent followed by banks and financial institutions with 24.58 percent. The insurance sector reported a growth of 2.52 percent while services 2.39 percent. From the financial results announced by these companies, 27 out of 31 witnessed a rise in net profit in the first of half of this year compared to 2010.

While Gulf International Services Sector profit dropped by 43.72 percent, Qatar Navigation Services Sector by 38.66 percent, Qatar National Cement Industrial Sector by 16.55 percent and Al Khaleej Takaful Insurance by 11.32 percent.

Gulf Warehousing Company and Al-Khaleeji Bank profit profit margins rose 309.46 percent and 122.32 percent respectively.

Filter by year
Latest
October 22, 2019
GWC Among Forbes Middle East Top CEO List
October 16, 2019
GWC posts 10% growth in Q3 net profits, registering QAR 182 million
2 months
GWC Welcomes Sri Lankan Ambassador at Logistics Village Qatar
3 months
GWC Records 10% Growth in Net Profits for H1 2019
5 months
GWC Hosts Annual Iftar
5 months
7asanat Olympics 2019, The Youth Ramadan volunteer initiative, supported by GWC
Blog
10 months
Bigger, better & bolder
11 months
GWC to Develop Bu Sulba Logistics Hub for QAR 685 Million
3 months
A Moment of Introspection
10 months
Prime Minister opens Banana Island Resort Doha
10 months
Qatar Generates 193 Billion QAR in GDP by Third Quarter of 2014
10 months
F-Ring Road Opens to Traffic