39 million Riyals profits for QIMC in 3 months

default-news-imageQatar Industrial Manufacturing Company (QIMC) has announced its quarterly financial results for the first quarter of 2015. It has achieved a net profit of QR 39 million, compared to QR 46 million for the same period in 2014. The decrease of net profit is due to the decrease of profits in subsidiaries and associates as a result of the inclusion of operating expenses that will not be repeated in the rest of year accounts.  This has reflected on the earnings per share of QR 0.82 compared to QR 0.97 for the same period in 2014 and the total shareholders’ equity has reached QR 1,409 million compared to QR 1,502 million for the same period of 2014.

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141 million riyals profits of QIMC in 9 months

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Qatar Industrial Manufacturing Company (QIMC) has announced its quarterly financial results for the third quarter of 2014. It has achieved a net profit of QR 141.7 million, compared to QR 148 million for the same period in 2013. The fall of profit is 4%.

The earnings per share amounted to QR 2.98 compared to QR 3.12 for the same period in 2013, while the total shareholders’ equity has reached QR 1.558 billion compared to QR 1.409 billion for the same period of 2013.

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Takamul Investments & Qatar Industrial Manufacturing Company sign MOU to drive future co-operation

default-news-imageMuscat, Oman – 30 March 2014: Takamul Investment Company and the Qatar Industrial Manufacturing Company (QIMC) today entered into Memorandum of Understanding (MOU) that would enable both entities to proactively seek co-operation on joint developments for future industrial projects in Oman and Qatar.

In commenting on the opportunity to collaborate, CEO of Takamul, Nabil Al Ghassani, said, “I am delighted that we will be working more closely with QIMC as we share a lot of common objectives and synergies. Our experienced, professional teams will be able to share information, know-how and expertise on regional economic development especially as we have both successfully built sustainable industrial activities, although in diverse sectors.”

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