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- Gold hits one-week high
- Bahrain All Share Index marks 2,065.29 points
- BIBF, Aljazira Bank sign strategic MoU to develop Saudi banking talent
- Ajman Bank completes core banking system upgrade as part of ongoing technology transformation
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- Saudi NDMC completes 1st international dollar bond issuance of 2026
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 | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
07/01/2026
The Bahrain Institute of Banking and Finance (BIBF) and Aljazira Bank have signed a strategic partnership aimed at developing professional competencies and enhancing capabilities, as part of the Bank
BNA
07/01/2026
Ajman Bank has successfully completed a planned upgrade of its core banking system, reinforcing the Bank's long-term focus on operational resilience, platform stability, and disciplined digital trans
Khaleej Times
07/01/2026
In a new sporting achievement, the Gulf Bank football team has qualified for the final of the annual Kuwait Banking Association Championship, where it will face Boubyan Bank in the final match to be
Kuwait Times
07/01/2026
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has delivered a historic production record of 1,623,139 metric tonnes in 2025 (versus 1,622,261 metric tonnes in 2024), ex
Trade Arabia
07/01/2026
Trinasolar, a global leader in smart PV and energy storage solutions, is accelerating its presence in Saudi Arabia through strategic collaborations with ACWA Power, the world's largest private water
Trade Arabia
Financial Information Co.
Saudi Arabia