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-   -   Industries Qatar Q1 net profit falls 38 pct (https://hameed.nwar.uk/vb/showthread.php?t=369833)

rss 04-28-2014 07:40 PM

Industries Qatar Q1 net profit falls 38 pct
 
* Q1 net profit 1.59 bln riyals vs 2.55 bln riyals * Quarterly revenue 1.32 bln riyals vs 1.67 bln riyals * Earnings miss analyst forecasts * Company had an**unced heavy maintenance shutdown schedule * SABIC Q1 earnings (Adds details) DUBAI, April 27 (Reuters) - Petrochemicals and metals company Industries Qatar (IQ) posted a 38 percent drop in first-quarter net profit on Sunday, trailing analysts' forecasts. The Gulf's second-largest chemical producer by market value, after Saudi Basic Industries Co (SABIC), reported profit of 1. ...

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