Qatar German for Medical Devices Posts QR5.1 Million Net Profit

Doha, October 23 (QNA) - Qatar German for Medical Devices disclosed the interim financial statements for the period ending September 30, 2012. The interim financial statements revealed a net loss of QR5.1 Million for the nine months period ended September 30, 2012 in comparison to a net loss of QR3.5 Million for the corresponding period last year, the company said in a statement. The Company's loss per Share (LPS) amounted to QR0.44 for the period ended September 30, 2012 versus QR0.31 for the corresponding period in 2011. Qatar German Medical Devices is a leading manufacturer of Medical Devices in the Middle East established on the 15th of October, 2000 and listed in Qatar's Stock Exchange on the 25th of March, 2002. (QNA)