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Business / Qatar Business

QIMC reports 41% rise in profit

Published: 27 Oct 2022 - 07:24 am | Last Updated: 27 Oct 2022 - 07:24 am

QNA

Doha: Qatar Industrial Manufacturing Company (QIMC) disclosed the interim financial statement for the nine-month period ending Sep. 30, 2022. The financial statements revealed a net profit of QR136m compared to a net profit of QR96.75m for the same period of the previous year, a 41 percent rise.

The Earnings per Share (EPS) amounted to QR 0.29 as of Sep. 30, 2022, versus EPS of QR 0.20 for the same period in 2021.