Press Releases

01 April 2008

Financial Results of 1st quarter 2008

The interim consolidated financial statements of the 1st quarter ended on 31/03/2008 showed a net profit around QR 54 million (net of minority interest holders), compared to the net profits of the 1st quarter in 2007 of QR 25.5 million. This clearly shows an increase by 111.8% compared to the net profit of the 1st quarter in 2007.

Moreover, basic earnings per share increased from QR 0.27 to QR 0.58, i.e. by 114.8% for the same period. The interim consolidated financial statements will published in local news papers within the next few days.