Industries Qatar nine-month net profit rises 6% on strong sales
15 October 2010 06:08 [Source: ICIS news]
SINGAPORE (ICIS)--Industries Qatar reported late on Thursday a 6% year-on-year increase in its nine-month net profit to Qatari riyals (QR) 4.06bn ($1.12bn), on the back of a 19.6% surge in sales.
Revenue for the period ending 30 September 2010 stood at QR8.48bn against QR7.09bn recorded in the same period last year, the metals and petrochemicals producer said in a disclosure to the Qatar Exchange.
($1 = QR3.64)
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By: Pearl Bantillo
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