Mubasher: Investment Holding Group (IHG) reported a slight increase of 0.34% in its profits for the second quarter of 2018.
The company logged QAR 8.89 million ($2.46 million) in net profits for the three-month period ended June, versus QAR 8.92 million ($2.47 million) in Q2-17, according to the Qatar Stock Exchange (QSE).
In the first half of 2018, net profit stood at QAR 23.33 million, up 11.1% from QAR 21 million in the same period a year earlier.
Earnings per share amounted to QAR 0.28 at the end of June, versus QAR 0.25 in H1-17.
IHG previously posted a 19.5% year-on-year hike in its profits for Q1-18, recording QAR 14.44 million from QAR 12.08 million.
In 2017, the QSE-listed firm’s profits declined 10.9% to QAR 40.71 million, compared to QAR 45.73 million in 2016.
