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FINANCIAL NEWS
Qatar’s Medicare Group logs USD26.34m profit for H1
21 Jul 2015
(MENAFN) Qatar’s Medicare Group recorded a net profit of around USD26.34 million for the first half of the year, marking an increase by 18 percent driven by sturdy core earnings, Gulf Times reported.
Operating income increased by 21 percent, reaching USD84.05 million. Operating costs also witnessed an increase by 22 percent and hit USD44.04 million. Hence, gross profit accumulated USD40 million, marking a 20 percent growth.
Other income increased 28 percent to around USD2.72 million; whereas income from deposits with an Islamic bank decreased by 35 percent, hitting USD0.16 million.
More News
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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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