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- Kuwait Airways and Impulse sign strategic agreement
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23/10/2014 05:49 AST
Higher cost of revenue and general and administrative expenses led Qatari Investors Group to report a 4% decline in net profit to QR173.86mn in the first nine months of this year.
Revenue rose 7% to QR429.69mn but, cost of revenue grew much faster at 19% to QR203.92mn, resulting in an about 1% fall in gross profit to QR225.77mn, according to its financial statement filed with the Qatar Stock Exchange.
Income from short-term deposits and savings grew almost 11-fold to QR0.95mn; rental income surged 92% to QR3.4mn and other income more than quadrupled to QR17.16mn.
However, income from equity-accounted investment fell 31% to QR13.23mn and investment income by 42% to QR0.39mn.
Net finance cost was up 6% to QR29.05mn and general and administrative expenses by 28% to QR56.05mn.
Total assets were valued at QR3.78bn, comprising current assets of QR0.84bn and non-current assets of QR2.94bn.
Total equity stood at QR2.22bn on a cap
Gulf Times
05/08/2025
Qatari Investors Group (a Qatari public shareholding company) reported a 1.48 percent increase in net profits during the first half of this year, reaching QR 71.721 million, compared to QR 70.673 mil
The Peninsula
23/04/2025
Qatar Investors Group, Qatari public shareholding company, reported a 3.45 percent decline in net profit for the first quarter of 2025, reaching QR 41.95 million, compared to QR 43.45 million in the
QNA
05/02/2015
Qatari Investors Group discloses the financial statements for the year ended December 31, 2014. The financials revealed a net profit of QR 227.1 Million in 2014 versus QR 220.6 Million in 2013 and th
Qatar Exchange
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 11.60 | 0.02 (0.17 |
| IQCD | 13.14 | -0.02 (-0.16 |
| ADNOCLS | 5.31 | -0.01 (-0.19 |
| ADPORTS | 4.20 | 0.03 (0.71 |
| NMDC | 23.72 | -0.16 (-0.68 |
28/08/2025
Adnoc announced on Wednesday that it has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India's largest integrated and diversified energy company, fo
Khaleej Times
28/08/2025
In a significant step towards enhancing its digital transformation journey, Kuwait Airways signed a Master Services Agreement (MSA) with Impulse International for Telecommunications, laying the foun
Kuwait Times
28/08/2025
Vodafone Qatar has announced its expansion of Postpaid services through its new 'You Deserve It!' campaign, introducing new connectivity and digital lifestyle offerings to meet the evolving needs of
Gulf Times
28/08/2025
Commercial Bank, a leader in innovative digital banking solutions, has launched Visa Commercial Pay (VCP), a groundbreaking virtual payment platform designed to transform how Small and Medium-Sized E
The Peninsula
28/08/2025
Abu Dhabi-based petrochemicals company Borouge has announced that it has collaborated with Yokogawa, a leading provider of advanced automation technologies and solutions, to conduct a proof-of-concep
Trade Arabia
Financial Information Co.
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