QG Medical incurs QAR 2.17m loss in Q2

Mubasher: Qatari German Medical Devices (QG Medical) on Thursday reported a 2.8% year-on-year loss increase during the second quarter of 2018.

QG Medical suffered a loss of QAR 2.17 million ($599,320) during Q2-18, compared to SAR 2.11 million ($582.750) in Q2-17, according to a statement to the Qatar Stock Exchange (QSE).

In the first six months of 2018, the company’s losses rose 1.9% to QAR 4.4 million, compared to QAR 4.32 million in H1-17.

Losses per share (LPS) amounted to QAR 38 in the six-month period ended last June, down from QAR 37 in the prior-year period.

Mubasher Contribution Time: 09-Aug-2018 06:40 (GMT)
Mubasher Last Update Time: 09-Aug-2018 06:45 (GMT)