Qatar’s MPHC net profit hits USD127m in Q1

23 Apr 2014

(MENAFN) Qatar’s Mesaieed Petrochemical Holding Company (MPHC) announced that a net profit increase in the January-March period of this year, The Peninsula Qatar reported.

The company, a leading diversified petrochemical conglomerate in the region, said that it registered a net profit of USD 127 million in the period.

MPHC Chief Coordinator said: “Total cash and cash equivalents across all group companies grew by QR459.9 million (USD126m) during the quarter to a total of QR2 billion (USD548.7m), indicating the group’s healthy cash position.”

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more