Qatar- Aamal net profit up 6.9% in H1
02 Aug 2011
(MENAFN) Qatar-based Aamal Company’s CEO, Sheikh Faisal Bin Qassim Al Thani, said that the company’s net profit went up by 7 percent in the first half of the current fiscal year, year on year, reported Arabian Business.
The CEO said that net profit in the first half amounted to USD32.1 million, thus increasing 6.9 percent on group revenue of QR781.2m.
Although the company works in a diversity of sectors, the company’s industrial manufacturing division is the leading driver behind the company’s good performance.
On another note, Sheikh Faisal said that the company would shortly be starting commercial production at its latest ready mix plant which would be the largest in the Middle East.