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FINANCIAL NEWS
Qatar’s GIS profit hits nearly USD170m in H1
05 Aug 2015
(MENAFN) Gulf Drilling International, Gulf Helicopters, Al Koot and Amwaj has earned a net profit of USD170 million on total revenue of USD628 million in the first half of 2015.
Gulf Drilling International has reported a net profit of USD104.6 million on revenue of USD293.5 million, and Gulf Helicopters USD29.8 million on USD89.7 million.
Based on a financial report, Amwaj achieved an USD20.2 million on revenue of USD160 million and Al Koot USD18.2 million on a revenue of USD91.9 million in the first six months of this year.
GIS reported a y-o-y rise of USD38.8 million in its overall consolidated net profitability, without considering the reclassification, attributed to the ambitious growth plans across all segments.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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