Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Thursday reported a profit decrease in the first six months of 2018, recording QAR 108.2 million, compared to QAR 113.4 million in H1-17.
The firm attributed the first-half profit drop to a decline in its profit stake in a subsidiary, according to a statement to the Qatar Stock Exchange (QSE).
Earnings per share (EPS) amounted to QAR 2.28 during the period between January and June, down from QAR 2.39 in the prior-year period.
QIMC’s stock remained unchanged to close Thursday’s trading session at QAR 40.75.
