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.