Qatari Investors Group 9-month profit falls 4%

23/10/2014 05:49 AST

Higher cost of revenue and general and administrative expenses led Qatari Investors Group to report a 4% decline in net profit to QR173.86mn in the first nine months of this year.

Revenue rose 7% to QR429.69mn but, cost of revenue grew much faster at 19% to QR203.92mn, resulting in an about 1% fall in gross profit to QR225.77mn, according to its financial statement filed with the Qatar Stock Exchange.

Income from short-term deposits and savings grew almost 11-fold to QR0.95mn; rental income surged 92% to QR3.4mn and other income more than quadrupled to QR17.16mn.

However, income from equity-accounted investment fell 31% to QR13.23mn and investment income by 42% to QR0.39mn.

Net finance cost was up 6% to QR29.05mn and general and administrative expenses by 28% to QR56.05mn.

Total assets were valued at QR3.78bn, comprising current assets of QR0.84bn and non-current assets of QR2.94bn.

Total equity stood at QR2.22bn on a cap


Gulf Times

News

Qatari investors group's profits rise by 1.48%

05/08/2025

Qatari Investors Group (a Qatari public shareholding company) reported a 1.48 percent increase in net profits during the first half of this year, reaching QR 71.721 million, compared to QR 70.673 mil

The Peninsula

Qatar Investors Group reports 3.45 pct decline in Q1 2025 profits

23/04/2025

Qatar Investors Group, Qatari public shareholding company, reported a 3.45 percent decline in net profit for the first quarter of 2025, reaching QR 41.95 million, compared to QR 43.45 million in the

QNA

Qatari Investors' 2014 net profit reached QR 227 million

05/02/2015

Qatari Investors Group discloses the financial statements for the year ended December 31, 2014. The financials revealed a net profit of QR 227.1 Million in 2014 versus QR 220.6 Million in 2013 and th

Qatar Exchange

Most Viewed Companies

Ticker Price Volume

Valuation

QIGD Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IQCD 9.64 -0.10 (-1.03%)
IGRD 4.08 -0.01 (-0.25%)
OMIFCO 0.23 0.00 (0.00%)
QEWS 12.98 -0.14 (-1.07%)
MPHC 1.02 -0.01 (-0.98%)

Recent News

Solidarity Bahrain recognised for Digital Transformation Excellence

30/09/2026

Solidarity Bahrain, one of the largest insurance companies in the kingdom and a subsidiary of Solidarity Group Holding, has been named 'Best Digital Transformation Company Bahrain 2026' by the World

GDN Online

e& UAE unveils secure communications solution Rannah

30/09/2026

e& UAE has unveiled Rannah, a "Made in UAE" secure communications solution developed in collaboration with the Cyber Security Council (CSC) and fully designed, developed and hosted in the country.

Trade Arabia

Saudi Steel Pipe seals key Aramco supply contract

30/09/2026

Saudi Steel Pipe Company (SSP) has announced that it has won a SAR73 million ($19.2 million) contract to supply steel pipes for oil and gas to Saudi oil giant Aramco.

A major player in the r

Trade Arabia

SABIC AN selects KBR technology for new Jubail Ammonia plant

30/09/2026

KBR has announced that SABIC Agri-Nutrients (SABIC AN) has selected its Purifier technology for a new 3,500 metric tonnes per day (MTPD) single-train ammonia plant in Jubail, Saudi Arabia.

U

Trade Arabia

Jazeera Airways selects CFM LEAP-1A engines for nine additional A320neo aircraft

30/09/2026

Jazeera Airways has selected CFM International LEAP-1A engines to power nine additional A320neo aircraft, expanding its existing engine services agreement with CFM to cover the airline's current and

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap