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FINANCIAL NEWS
Qatar’s Industries Co. profit falls by 13.6 percent
04 Aug 2016
(MENAFN) Petrochemicals, metals and fertilizer generator Industries Qatar recorded a drop in net profit at 13.6 percent in Q2.
Furthermore, the firm made a net profit of USD348.8mn in the cited period of this year.
On the other hand, last year the company recorded a net profit of 1.47bn riyals in the same period, while the average forecasted was 799.9mn riyals.
Meanwhile, the firm posted 1.97bn riyals in the cited period of this year, a drop from 2.42bn riyals in the same period last year.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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