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- Saudi bank lending hits record $788bn as corporate loans surge
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- ACWA Power and Saudi Aramco ink deals to boost renewables, hydrogen, and desalination
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09/05/2014 04:40 AST
Qatari German Company for Medical Devices' first-quarter net loss widened 6% year-on-year to QR2.81mn despite robust revenues. Revenue almost tripled to QR5.3mn and direct costs more than doubled to QR4.76mn. But the company made a gross profit of QR0.54mn compared to a loss of QR0.13mn, according to its financial statement filed with the Qatar Stock Exchange. Other income plunged 35% to QR0.05mn, whereas selling and distribution expenses rose 28% to QR0.41mn and general and administrative costs by 34% to QR2.31mn. This led to its operating loss widen 1% to QR2.13mn.
Finance costs surged 26% to QR0.68mn.
Total assets were valued at QR249.06mn, comprising current assets of QR33.79mn and non-current assets of QR215.27mn.
Total equity stood at QR173.19mn on a capital base of QR115.5mn and loss-per-share was QR0.24 at the end of March 31, 2014.
Gulf Times
20/10/2014
Qatar German Company for Medical Devices disclosed the interim financial statements for the period ending September 30, 2014. The interim financial statements revealed a net loss of QR 9.9 Million fo
Qatar Exchange
23/03/2014
Qatar German for Medical Devices disclosed the financialstatements for the year ended December 31, 2013. The financials revealed a net loss of QR 7.9million in 2013 in comparison to a net loss of QR
Press Release
31/10/2013
Qatar German Company for Medical Devices (QGMD) disclosed the interim financial statements for the period ending September 30, 2013. The interim financial statements revealed a net loss of QR 4.
Press Release
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia