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Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

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Aldar buys Sharjah homes

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Industries Qatar H1 profit up 57%

Industries Qatar saw net profit jump 57 percent for the first half of 2022.
  • The company’s year-on-year net profit jumped to $1.5 billion
  • Earnings per share amounted to $0.24 in the first half of the year

Industries Qatar announced Sunday its earnings for the first half of the year ending on June 30, which saw net profit jump 57 percent year-over-year from QR 3.5 billion ($0.94 billion) to QR 5.4 billion ($1.5 billion).

Earnings per share amounted to QR 0.90 ($0.24) in the first half of the year, compared to QR 0.57 ($0.15) for the same period in 2021.