Aamal Reports More Than 18 Percent Increase in Net Profit in Q1 2023

By A Robin - April 20, 2023

Aamal

The net profit of Aamal Company rose by 18.84 percent during the three-month period ending March 31, 2023 to reach QR 87.494 million in comparison to QR 73.618 million for the same period of the previous year.

A statement posted on the Qatar Stock Exchange's website on Wednesday said the Earnings Per Share (EPS) amounted to QR 0.14 during Q1 of 2023 versus Earnings Per Share (EPS) QR 0.12 for the same period in 2022.

Meanwhile, the net profit of Qatar Industrial Manufacturing Co. during Q1 of 2023 increased by 18.22 percent to QR 48.196 million in comparison to QR 40.767 million for the same period of the previous year.

The company said in a statement posted on the Qatar Stock Exchange's website on Wednesday that the Earnings Per Share (EPS) amounted to QR 0.101 during Q1 of 2023 versus Earnings Per Share (EPS) QR 0.086 for the same period in 2022.

The net profit of Ezdan Holding Group during Q1 of 2023 fell by 40 percent to QR 91.042 million in comparison to QR 153.601 million for the same period of the previous year.

The Earnings Per Share (EPS) amounted to QR 0.0034 during Q1 of 2023 versus Earnings Per Share (EPS) QR 0.0058 for the same period in 2022, according to a statement posted on the Qatar Stock Exchange's website on Wednesday.

(QNA)