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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.