Rising steel sales help Industries Qatar Q3 profit jump | ZAWYA MENA Edition:
Middle East petrochemicals, metals and fertiliser group Industries Qatar (IQ) saw a near 80 percent jump in earnings in the third quarter, a results release indicated on Thursday.
According to Reuters calculations - based on the company's release of January-September earnings - IQ made a net profit of 1.32 billion riyals ($363 million) in July-September. That was up from 747.8 million riyals in the corresponding period of last year.
The company reported a net profit of 3.8 billion riyals for January-September, up from 2.4 billion riyals a year earlier.
No comments:
Post a Comment