Net Profits of QIMC Decline by 24.3% in Q1 2024

Industry

Doha: The profits of Qatar Industrial Manufacturing Company (QIMC) declined by 24.3 percent in the first quarter (Q1) of 2024, to reach QR 36,469,427, compared to QR 48,196,537 for Q1 of 2023. In a financial disclosure published on Qatar Stock Exchange (QSE), the company revealed that the Earnings per Share (EPS) amounted to QR 0.077 as of March 31, 2024 versus Earnings EPS QR 0.101 for the same period in 2023. Source: Qatar News Agency