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Q1 Profit of 41 QE-Listed Firms Adds Up to QR 11.1 Billion

 Qatar Exchange

Qatar Exchange

The aggregate net profit of 41 from a total of 43 Qatar Exchange-listed companies adds up to QR 11. Billion for the first quarter period ending March 31 for fiscal year 2014, a Qatari bourse said.
This represents an increase by 8.6% compared with QR 10.2 Billion QE reported as aggregate net profit for the corresponding three-month period in 2013.
QE has not mentioned Vodafone Qatar and Qatar German Medical Devices Company in this aggregate.
The telecom operator’s financial year starts April 1 and ends March 31 each year.
Qatar Financial Markets Authority (QFMA) approved the medical devices company’s request to postpone the date of announcing its first quarter results to May 12, 2014.
QE lauded all companies for transparency in their financial disclosures.

Source : Qatar News Agency


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