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FINANCIAL NEWS
Qatar’s Woqod net profit hits USD 66.58mn
27 Apr 2016
(MENAFN) Qatar Woqod Company posted a net profit of USD 66.58mn for the first quarter of this year, up 3 percent compared to the same period of 2015.
Moreover, the firm approved the financial results of the Q12016 led by Sheikh Saoud bin Abdulrahman, and it also examined recent and future projects.
Additionally, earning per share valued USD 0.72 compared to USD 0.71 for last year, while real estate and other business activities cooperated to the revenue.
The firm is recently involved in the application of more than 38 new projects under construction, tendering, designing and approval stages.
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