DOHA: Qatar Industrial Manufacturing Company (QIMC) has posted a net profit of QR163m for the first nine months of this year, against QR135 m posted during the corresponding period last year. QIMC’s Earnings Per Share stood at QRs 3.43 compared to QRs 2.84 a year ago.
Total shareholders’ equity increased to QR1.516m from QR 1.479m. Gross profit rose from QR 46m to QR119m. Also QIMC’s profit share from associated companies increased from QR112m to QR115m. The company expects an increase in the net profit by the end of 2016.
Sheikh Abdulrahman bin Mohammed bin Jabor Al- Thani, Chairman of the Board has expressed his sincere thanks and gratitude to the Government, for its sustained support and assistance extended to QIMC.
