Mubasher: Qatari Investors Group reported a 23.5% year-on-year profit decline in the second quarter of 2018.

The firm’s profits amounted to QAR 51.53 million ($14.35 million) during the period between April and June, compared to QAR 67.35 million ($18.75 million) in Q2-17, according to a statement to the Qatar Stock Exchange (QSE).

At the level of first six months of 2018, the Qatari firm’s profits tumbled 10.9% to QAR 135.68 million, from QAR 152.21 million in H1-17.

Earnings per share (EPS) stood at QAR 1.09 during H1-18, compared to QAR 1.22 in the prior-year period.

Source: Mubasher

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