Mubasher: Qatar National Cement on Wednesday posted a drop in profits for the third quarter of 2018.
Net profits amounted to QAR 218.8 million in Q3-18, compared to QAR 242.8 million in Q3-17, according to a filing to the Qatar Stock Exchange (QSE).
Earnings per Share (EPS) amounted to QR 3.35 for the three-month period ended September, from QAR 3.72 for the same period of the previous year.
During the first half of 2018, the Qatari cement producer’s profits inched up to QAR 168.52 million from QAR 168.09 million during H1-17.
By the end of Wednesday’s session, Qatar National Cement’s stock advanced 2.71% at QAR 56.12.
