Arab Today, arab today 4 qatari companies declare financial results for h1
Last Updated : GMT 05:28:29
Arab Today, arab today
Arab Today, arab today

4 Qatari companies declare financial results for H1

Arab Today, arab today

Arab Today, arab today 4 Qatari companies declare financial results for H1

Doha - QNA

Mazaya Qatar Real Estate Development has reported increase in net profit while Salam International, Qatar German Medical Devices and Barwa Real Estate Group have reported decrease in their respective net profits for the period ending June 30 compared to the same period in 2012. Mazaya Qatar\'s H1 net profit was up to QR 10.3 Million from QR 6.7 Million reported for the same period in 2012. Its Earning per Share (EPS) were QR 0.103 as of June 30, 2013 compared to QR 0.067 for the corresponding period in 2012. Salam International H1 net profit was down to QR 14.5 Million compared to QR 38.2 Million reported for the same period in 2012. Its EPS was down to QR 0.13 compared to QR 0.33 in 2012. Qatar German for Medical Devices revealed a net loss of QR 2.1 Million in comparison to a net loss of QR 3.4 Million for the corresponding period in 2012. Its Loss per Share (LPS) amounted to QR 0.19 as of June 30, compared to LPS of QR 0.30 in 2012. Barwa\'s H1 net profits reached QR 199 Million compared to QR 593 Million in 2012 and its Earnings per Share (EPS) were QR 0.51 compared to QR 1.53 over the same period last year. Barwa attributed the drop in net profits to delays in sealing some deals announced earlier this year. The results, however, show an  improvement in operational efficiency leading to a 25% increase in revenues from rents. Additionally, the Group registered savings in costs and expenses reflected in a decrease of 12% in general and administrative expenditures. Average expenses and losses dropped by 3% with finance costs plummeting by 4% compared to the period ended 30 June 2012. Barwa also announced that the group is in the process of finalizing a number deals  related to the selling of some of Qatari Diar\'s assets in addition to the land of Lusail area.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 4 qatari companies declare financial results for h1 Arab Today, arab today 4 qatari companies declare financial results for h1

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 4 qatari companies declare financial results for h1 Arab Today, arab today 4 qatari companies declare financial results for h1

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday