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- Commercial Bank of Dubai posts record 2025 profit as loans pass Dh100b
- Saudi Arabia attracts 122 million tourists, pumping SR300 bln into national economy in 2025
- Tawazun Council awards Dh2.3 billion in defence contracts at UMEX and SimTEX 2026
- Indian rupee hits all-time low, inches to INR238 against OMR1
- Oman advances towards cashless economy
- Burgan Bank hires 200 new staff; 94.29% of them Kuwaitis
- TECOM Group acquires university campus in Dubai International Academic City
- Acwa Power unveils Innovation Days 2026 platform
- Stocks stable after tariff-fuelled selloff but uncertainty boosts gold
- State Street, QNB sign strategic agreement to launch new custody servicing model
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
03/11/2025
The Qatari German Medical Devices (QGMD) has signed a memorandum of understanding (MoU) with Dawa Holdi Egypt and Dawa USA, as part of its strategy to strengthen its regional and international presen
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
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22/01/2026
Commercial Bank of Dubai (CBD) reported record financial results for the year ended 31 December 2025, posting net profit before tax of AED 3.84 billion, up 15.6% from the previous year, as net loans
Gulfnews
22/01/2026
Reinforcing its commitment to developing local talent and supporting Kuwait's national workforce priorities, Burgan Bank has hired 200 new employees in 2025, with Kuwaitis representing 94.29% of all
Trade Arabia
22/01/2026
TECOM Group, the creator of specialised business districts and vibrant communities, has acquired an integrated university campus comprising multiple buildings and spanning more than 300,000 sq ft in
Trade Arabia
22/01/2026
Acwa Power, a leader in energy transition, has announced the fourth edition of Innovation Days, to be held from January 26-28, 2026 at The Garage in Riyadh, under the patronage of the Ministry of Ene
Trade Arabia
22/01/2026
State Street Corporation and QNB Group have announced a strategic alliance to introduce a new custody servicing model in Qatar at the World Economic Forum (WEF).
Under the co-operation agree
Gulf Times
Financial Information Co.
Saudi Arabia