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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

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QOIC reports 38% profit in Q1

Qatar Oman Investment Company (QOIS) announces a purchase and share swap agreement.
By TRENDS Desk
May 2, 2023 10:32 am
  • The company's net profit rose by 37.89 percent to reach QR 4.552 million ($1.253 million)
  • It also reported a rise in its Earnings Per Share (EPS), which amounted to QR 0.014 ($0.0039)

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).

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