Thursday, 3 March 2011

Industries Qatar may have to work harder - The National

The Gulf's second-largest chemical producer by market value disappointed analysts with its fourth-quarter results.

Industries Qatar (IQ) reported a net profit of 1.5 billion rials for the final quarter of last year, an improvement on the 1.07bn rials for the same period in 2009 but well below the 1.65bn rials analysts forecast.

Profit for the year was 5.6bn rials, the company said.

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