Qatar Electricity and Water recorded a net profit 737 million riyals in the first six months of 2015 | glObserver Global Economics

Qatar Electricity and Water Co. (QEWC), the Gulf national’s monopoly utility firm, reported a 6.1 % fall in second-quarter net profit on Monday, according to Reuters calculations, missing the analysts’ estimate.

Sourced through from:

The utility made a profit of 390.9 million riyals ($107.4 million) in the three months to June 30, compared to 416.5 million riyals in the same year-ago period, Reuters calculations showed, using financial statements in lieu of a quarterly earnings breakdown.

See on Scoop.itglobserver middle east


Author: globserver

Director of Eyecom china

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s