Gulf International Services Company Posts QR 196.5 Million Net Profit

Doha, August 02 (QNA) - Gulf International Services Company disclosed the semi annual financial statements for the period ending June 30, 2012. The reviewed financial statements for the period ending June 30, 2012 revealed a net profit of QR 196.5 million in comparison to QR 140.7 million for the same period last year, the company said in a statement. The company's Earning per Share (EPS) amounted to QR 1.32 as of June 30, 2012 versus QR 0.95 for the corresponding period in 2011. Gulf International Services Q.S.C. (GIS) was incorporated as a Qatari shareholding company on 12 February 2008, by Qatar Petroleum (QP), a wholly-owned Qatari government company. GIS was fully owned by QP and on 26 May 2008, QP listed 70% of the company's issued capital in the Doha Securities Market. (QNA)