Qatari Investors Group Discloses 2016 Q3 Earnings

Doha, October 19 (QNA) - Qatari Investors Group disclosed the interim financial statement for the nine months period ended September 30, 2016. The statements shows that the net profit is QR 220.3 million compared to QR185.9 million for the same period of the previous year. Earning Per Share amounted to QR 1.77 for the third quarter of 2016, compared to QR 1.50 for the same period of the previous year. Gross profit meanwhile came in at QR 288.9 million, an increase by 12.7% from QR 256.2 million achieved during the same period of last year. The company's equity meanwhile grew to QR 2.484 billion, compared to QR 2.419 billion achieved in the first nine months of 2015. This represents a growth of 2.7%. (QNA)