Mubasher: The financial statements of Qatar Cinema and Film Distribution Company showed a decline of 7.8% year-on-year in its profits for the first quarter of 2018.
Net profits amounted to QAR 2.72 million in Q1-18, down from QAR 2.95 million during Q1-17, according to a filing to the Qatar Stock Exchange (QSE).
Earnings per share (EPS) declined to QAR 0.44 for the first three month period ended March 2018, versus QAR 0.47 for the same period of the prior year.
For the full-year 2017, Qatar Cinema’s profits grew 81.9% to QAR 7.82 million, compared to QAR 4.29 million a year earlier.
