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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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