QIMC Profits Drop 25.75 Percent in H1 2024

Doha: Qatar Industrial Manufacturing Company (QIMC) net profits fell by 25.75 percent in the first half of 2024 to QR 79.592 million compared to QR 107.205 million in the same period of 2023. Data issued by the company and published on the Qatar Stock Exchange (QSE) website showed a decline in earnings per share to reach QR 0.17 as of June 30, 2024, versus earnings per share QR 0.23 for the same period in 2023. Source: Qatar News Agency