Gulf International Reveals Net Profit of QR 135.8 Million

Doha, April 29 (QNA) - Gulf International Services Company disclosed the interim financial statement for the three month period ended March 31, 2013. The financial statements revealed a net profit of QR 135.8 Million in comparison to QR 92 Million for the corresponding period in 2012, the company said in a statement. The Earnings per Share (EPS) amounted to QR 0.91 as of March 31, 2013 versus QR 0.62 of the same period in 2012. 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 has significant investments in national and international oil and gas industry, including well support services, offshore and onshore drilling services, helicopter maintenance and transportation services, insurance and reinsurance services. (QNA)