Tuesday 30 May 2017
 
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Net Profit

Seef Properties Q1 profit tops 11pc

Bahrain-based Seef Properties has posted a net profit of BD2.45 million ($6.45 million), for the first quarter of 2017, compared to BD2.20 million recorded during the same period last year, which marks a growth of 11.33 per cent.

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Kingdom Holding Q1 net profit up 13pc

Kingdom Holding Company (KHC), chaired by Prince Alwaleed, has posted a net profit of SR129 million ($34.3 million) for the first quarter of the year, with an increase of 13 per cent compared to the same period of the last year. T

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Zain Bahrain net profit down 45pc in Q1

Zain Bahrain, a leading telecom services operator in the kingdom, has registered a 45 per cent drop in its net profit for the first quarter which fell to BD503,000 ($1.3 million) from BD917,000 ($2.4 million) for the same period last year.&nbs

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Ooredoo Q1 revenue up 2pc to hit $2.2bn

Qatar-based telecom group Ooredoo has posted revenues of QR8 billion ($2.2 billion) during the first quarter (Q1) of the year, marking an improvement of 2 per cent over Q1 2016. In local currency terms, growth was driven by Ooredo

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Etisalat posts net profit of $572m for Q1

UAE-based telecom Etisalat Group has posted a net profit after royalty of Dh2.1 billion ($572 million) for the first quarter of the year resulting in a net profit margin of 17 per cent and year-over-year increase of five per cent.

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Du Q1 revenue edges up 2.5pc to $863m

Emirates Integrated Telecommunications Company (du) has posted revenues of Dh3.17 billion ($863 million) during the first quarter (Q1) of the year, compared to Dh3.08 billion of Q1 2016, marking an increase of 2.5 per cent. Net pr

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Yamama Cement Q1 profit plunges 66pc

Yamama Saudi Cement reported a net profit of SR50.8 million ($13.5 million) during the first quarter of 2017, marking a fall of 66 per cent year-on-year (y-o-y), driven by a decline in operating profit. The company also reported a

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Yamama Cement Q1 profit plunges 66pc

Yamama Saudi Cement reported a net profit of SR50.8 million ($13.5 million) during the first quarter of 2017, marking a fall of 66 per cent year-on-year (y-o-y), driven by a decline in operating profit. The company also reported a

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QNB Group’s Q1 net profit up 12pc

Qatar'sQNB Group, the largest financial institution in the Middle East and Africa (MEA) region, has posted a net profit of QR3.2 billion ($0.9 billion) for the first quarter of 2017, up by 12 per cent compared to previous year.

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Qatar Navigation's 2016 net profit hits $195m

Qatar Navigation (Milaha) has reported a net profit of QR711 million ($195 million) for 2016 compared to QR1.095 billion ($300 million) reported the previous year. Announcing its financial results for the year ended December 31, 2

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