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 11.93 0.03 (0.25%)
QEWS 14.67 -0.12 (-0.82%)
IGRD 3.95 -0.07 (-1.75%)
MPHC 1.21 0.00 (0.00%)
OQBI 0.29 0.00 (0.00%)

Recent News

Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

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