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FINANCIAL NEWS
Industries Qatar’s net profit reaches USD 0.19bn in Q1
25 Apr 2016
(MENAFN) Industries Qatar, one of the region’s industrial giants with interests in the production of a huge range of petrochemical products net profit touched USD 0.19bn.
The group recorded positive performance through all operating segments amongst the challenging macro-economic environment.
In addition, the group was able to increase its production and sales against last year, while prices of the petrochemical products maintained low.
On the other hand, petrochemicals sales enhanced last year due to improved production despite an unplanned shutdown of one of the key petrochemicals facilities.
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