141 million riyals profits of QIMC in 9 months
Qatar Industrial Manufacturing Company (QIMC) has announced its quarterly financial results for the third quarter of 2014. It has achieved a net profit of QR 141.7 million, compared to QR 148 million for the same period in 2013. The fall of profit is 4%.
The earnings per share amounted to QR 2.98 compared to QR 3.12 for the same period in 2013, while the total shareholders’ equity has reached QR 1.558 billion compared to QR 1.409 billion for the same period of 2013.
H.E. Sheikh Abdul Rahman bin Mohammed bin Jabor Al Thani, the Chairman of the Board, said that, the company expects to maintain the level of earnings per share despite the increase in share capital 20% for the year 2013.
He has expressed his sincere thanks and gratitude to H.H. Sheikh Tamim Bin Hamad Al-Thani – Emir of the State of Qatar, H.E. Sheikh Abdulla bin Nasser Al-Thani – Prime Minister and Minister of Interior and the wise Government, for their sustained support and assistance extended to QIMC.