Doha: Fifty companies listed on Qatar Stock Exchange (QSE) disclosed their financial results for the period ending March 31, 2023. The value of their net profits for that period amounted to QR12.54 bn compared to QR13.94bn for the same period last year 2022, an decrease of 10.04 percent.
The industries sector declined by 44.18 percent, bringing the net profit of the sector to QR2.373, followed by the consumer goods and services sector by 17.54 percent, and the real estate sector by 10.43 percent.
Meanwhile, the net profits of the insurance sector recorded the highest growth by 79 percent, to reach QR374m, followed by the telecommunications sector, which increased by 41 percent, then the transport sector by about 2.6 percent, and the banking and financial services sector by 1.47 percent.
