Confident steps
Qatar’s monopoly utility firm, QEWC, reported a net profit of QAR443m in the three months ending Sept 30 versus QAR406.4m a year earlier. 9M 2016 net profit was QAR1.23bn, up by 8% from QAR1.14bn a year ago. 9M revenue increased by 5.3% to QAR2.327bn.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
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