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Company News, Business, Banking & Finance, Economy

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

QGIRCO posts Q3 net profit of US$1.1m

QGIRCO was established in 1979, and its capital was about US$24 million as of Aug 2022.
By TRENDS Desk
October 28, 2022 9:39 pm
  • The company's data indicated that the earnings per share amounted to $.01 in the third quarter of this year,
  • The company's earnings per share was $.02 for the same period last year.

DOHA, QATAR – Profit of Qatar General Insurance and Reinsurance Company (QGIRCO) declined in the third quarter of 2022 compared to the same period in 2021.

QGIRCO posted a third quarter profit of US$1.1 million (QR 40,72,000) compared to a net profit of $21 million (QR 79,487,000) for the same period last year.

The company’s data, which was published on Qatar Stock Exchange website, indicated that the earnings per share amounted to $.01 (QR 0.046) in the third quarter of this year, compared to the earnings per share of $.02 (QR 0.091) for the same period last year.

QGIRCO was established in 1979, and its capital is about $24 million (QR 87,567,000).

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