Doha – Mubasher: Qatari German Company for Medical Devices announced an increase of 7.3% in its losses for the first quarter of 2017, compared to the same quarter in 2016.
Losses reached QAR 2.2 million ($603,630) in Q1-17, compared to QAR 2.05 million ($562,480) in Q1-16, according to a filing to the Qatar Stock Exchange (QSE).
Losses per share stood at QAR 0.19 in Q1-17, compared to QAR 0.18 for the same period of 2016.
The medical devices company’s losses decreased 9.3% reaching QAR 10.37 million in 2016, compared to QAR 11.43 million in 2015.
