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Business

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

QOIC reports 38% profit in Q1

Qatar Oman Investment Company (QOIS) announces a purchase and share swap agreement.
By TRENDS Desk
May 2, 2023 10:32 am
  • The company's net profit rose by 37.89 percent to reach QR 4.552 million ($1.253 million)
  • It also reported a rise in its Earnings Per Share (EPS), which amounted to QR 0.014 ($0.0039)

Doha, Qatar – Qatar Oman Investment Company announced a significant increase in net profit for the first quarter ending March 31, 2023. 

The company’s net profit rose by 37.89 percent to reach QR 4.552 million ($1.253 million) compared to QR 3.301 million ($0.908 million) in the same period of the previous year. 

The company also reported an increase in its Earnings Per Share (EPS), which amounted to QR 0.014 ($0.0039) as of March 31, 2023, compared to QR 0.010 ($0.0028) for the same period in 2022.

Qatar Oman Investment Company was established in 2006 with a capital of QR 315 million ($86.8 million).

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