QAMCO profit rises by 112%

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The IPI of Mining increased by 7.6 percent due to the increase in the quantities of "crude oil petroleum and natural gas".
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August 8, 2022 9:40 am
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  • The company's earnings per share (EPS) amounted to QR 0.110 as of June 30 this year as against QR 0.052 for the same period in 2021
  • QAMCO, a Qatari Public Shareholding Company, capital amounts to $1.60 billion

Qatar Aluminum Manufacturing Company (QAMCO) has posted a 112 percent increase in net profit to $164 million for the first half of 2022.

A report issued by the company said that earnings per share (EPS) amounted to QR 0.110 as of June 30 this year, versus earnings per share (EPS) QR 0.052 for the same period in 2021.

QAMCO is a Qatari Public Shareholding Company incorporated on Dec. 3 of 2018, and its capital amounts to $1.60 billion.

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