Aamal Company Q.P.S.C. Reports Earnings Results for the Half Year Ended June 30, 2021
August 10, 2021 at 03:18 pm
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Aamal Company Q.P.S.C. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was QAR 710.674 million compared to QAR 634.016 million a year ago. Operating income was QAR 117.816 million compared to QAR 1.055 million a year ago. Net income was QAR 129.487 million compared to QAR 20.340 million a year ago. Basic earnings per share from continuing operations was QAR 0.021 compared to QAR 0.003 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.