INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Firms listed on Qatar Stock Exchange post 9M profit of $10.27bn

All companies listed on the exchange have disclosed their financial results for the nine-month period. (QNA)
  • According to figures published on QSE website on Tuesday, Industrials declined by 40.90 period with QR 7.005 billion in net profit to top the declining sectors.
  • Net profit of Insurance was the highest with QR 853.744 million, a rise by 334.92 percent, followed by Telecoms which achieved an increase of 26.42 percent.

Doha, Qatar — Companies listed on the Qatar Stock Exchange have reported a net profit of QR 37.42 billion ($10.27 billion) for the first nine months of 2023, compared to QR 40.54 billion for the same period last year, marking a decrease of 7.69 percent.

All companies listed on the Exchange have disclosed their financial statements for the nine months period, QNA reported.

According to figures published on QSE website on Tuesday, Industrials declined by 40.90 period with QR 7 billion in net profit to top the declining sectors, followed by Consumer Goods and Services which dropped by 34.33 percent, and Real Estate by 4.12 percent.

On the other hand, net profit of Insurance was the highest with QR 853.744 million, a rise by 334.92 percent, followed by Telecoms which achieved an increase of 26.42 percent.

Net profit of Banks and Financial Services rose by nearly 4.74 percent, and Transportation by 3.11 percent, QNA reported.