Aamal Company Q.P.S.C. Reports Earnings Results for the Full Year Ended December 31, 2020
February 23, 2021 at 09:20 am
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Aamal Company Q.P.S.C. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was QAR 1,306.840 million compared to QAR 1,294.116 million a year ago. Operating income was QAR 93.533 million compared to QAR 285.804 million a year ago. Net income was QAR 123.292 million compared to QAR 322.266 million a year ago. Basic earnings per share from continuing operations was QAR 0.02 compared to QAR 0.05 a year ago.
Aamal Co QPSC is a Qatar-based company, which is engaged in diversified industry sectors. The Company is organized into four business segments: Investment Property segment is engaged in leasing the facilities of retail outlet complex, real estate investments and property rental businesses; Trading and distribution segment is involved in the wholesale and retail distribution of pharmaceutical and consumable items, medical equipment, tires and lubricants, perfumes and cosmetic items; Industrial manufacturing segment involves in the manufacture, wholesale and retail distribution of electric cables and tools, ready-mix concrete and cement blocks, as well as the provision of services in relation to industrial investment, repair and construction of power plants, and management of industrial enterprise, and Managed services segment is engaged in the provision of housekeeping and cleaning services and facilities management services, among others.
AAMAL COMPANY Q.P.S.C. 
