Q3 Results Shows 42% Decline in Mesaieed Petrochemical’s 2023 Profit

Doha, Mesaieed Petrochemical Holding's profits for the first 9 months of 2023 declined 42 percent to QR 849 million, compared to 1.481 billion during the same period of last year.

Earnings per share (EPS) amounted to QR 0.068 as of Sep. 30, compared to QR 0.117 for the same period in 2022.

Meanwhile, Inma Holding disclosed the interim financial statement for the nine-month period ending Sep. 30 of 2023, which saw net profits decline 35.7 percent to QR 6.057 million, compared to QR 9.421 million during the same period of last year. Earnings per share amounted to QR 0.107 as of Sep. 30 of 2023, compared to QR 0.166 for the same period in 2022.

Medicare Group also disclosed its financial results for the first three quarters of 2023, which saw net profits decline 10 percent to QR 50.389 in 2023, compared to QR 56.04 million in the same period of 2022.

Earnings per share amounted to QR 0.18 as of Sep. 30 of 2023, compared to earnings per share of QR 0.20 for the same period in 2022.

Aamal meanwhile disclosed the interim financial statement for the nine-month period ending Sep. 30 of 2023. The company's financial statements revealed a net profit of QR 265.4 million for the first three quarters of 2023, 3.67 percent higher than the QR 256 million reported during the same period of 2022.

Source: Qatar News Agency