Petrochemicals and metals company Industries Qatar IQCD.QA (IQ) posted a 23.7-percent jump in third-quarter net profit on Sunday, Reuters calculations show, beating average analysts' forecasts.
The Gulf's second-largest chemical producer by market value behind Saudi Basic Industries 2010.SE (SABIC) made a net profit of 2.56 billion riyals ($703.2 million) for the third-quarter, according to Reuters calculations, compared with 2.07 billion riyals a year earlier.
Analysts polled by Reuters on average expected the company to post quarterly profit of 2.2 billion riyals.
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