Qatari Investors Group Posts Net Profit of QR 64.2 Million

Doha, July 30 (QNA) - Qatari Investors Group 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 64.2 million in comparison to QR 32.4 million for the same period last year, the company said in a statement published on the (Qatar Exchange ) website. The company's Earning per Share (EPS) amounted to QR 0.52 as of June 30, 2012 versus QR 0.26 for the corresponding period in 2011. Qatari Investors Group (QIG), a leading Business Company in the State of Qatar, was established in 1950. QIG and affiliates represents and undertakes the developments of new projects in joint venture with both international and local companies and suppliers for major projects in Qatar. (QNA)