Manufacturing giant Industries Qatar recorded a 44.8 percent rise in profits for 2011, aided by resilient profit margins across all production categories.
The petrochemicals and metals company announced a net profit of QR7.9bn ($2.1bn) for the year ending December 31, up from QR5.4bn ($1.4bn) in 2010.
Revenues for the 12 month period were QR16.5bn, an increase of 34 percent compared with the previous year, boosted by improved petrochemical volumes and high price inflation.
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