QOIS reports marginal decline in its January-June net profit


Qatar & Oman Investment Co. - QOIS
13.07 0.07 0.53%
07/08/2012 09:28 AST  Gulf Times
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Qatar Oman Investment Company (QOIC) has reported a marginal decline in its January-June net profit to QR12.74mn despite higher revenue.

Investment and interest income, otherwise, grew 7% to QR15.83mn, according to its financial statement filed with the Qatar Exchange.

General and administrative expenses soared 32% to QR2.84mn and there was a loss of QR0.57mn on fair value of financial assets. Thus, total expenses shot up 56% to QR3.50mn.

Other income jumped 71% to QR0.41mn.

Total assets were valued at QR323.01mn comprising current assets of QR77.73mn and non-current assets of QR245.28mn.

Total shareholders equity was QR313.51mn on a capital base of QR315mn and earnings-per-share was QR0.40 at the end of June 30, 2012.

Profile: Qatar & Oman Investment Co. (QOIS)
Qatar & Oman Investment Co. - QOIS
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