Doha, Qatar – Qatar Oman Investment Company announced a significant increase in net profit for the first quarter ending March 31, 2023.
The company’s net profit rose by 37.89 percent to reach QR 4.552 million ($1.253 million) compared to QR 3.301 million ($0.908 million) in the same period of the previous year.
The company also reported an increase in its Earnings Per Share (EPS), which amounted to QR 0.014 ($0.0039) as of March 31, 2023, compared to QR 0.010 ($0.0028) for the same period in 2022.
Qatar Oman Investment Company was established in 2006 with a capital of QR 315 million ($86.8 million).
