Monday, Jul 04, 2011

DUBAI (Zawya Dow Jones)--Second-quarter net profit forecasts for selected Qatar companies covered by Kuwait-based Global Investment House. 


  
   (QAR million)          2Q 11 Forecast         2Q10 Zawya  
  
   Qatar National Bank        1,775.7            1,438  
  
   Commercial Bank of Qatar    408.6             408.2  
  
   Qatar Islamic Bank          360.8             301.5  
  
   Qatar Telecom               673.3             571.2  
  
   Doha Bank                    266.6            299.7  
  
   *Vodafone Qatar             -143.5            -148.1  
  
   Masraf Al Rayan             346.4             302.9  
  
   Qatar National Cement Co.     110             145.4
*(Vodafone Qatar's financial year ends in March. Therefore, this forecast is for 1Q 2011-12 compared with 1Q 2010-11.)

-By Dubai Bureau, Dow Jones Newswires; +9714 446-1695; djnews.dubai@dowjones.com

Copyright (c) 2011 Dow Jones & Co.

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04-07-11 1129GMT