A director at Industries Qatar sold 30,000 shares at 0.000QAR and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
CORPORATES CREDIT OPINION 31 July 2017 Update RATINGS Industries Qatar Q.S.C. Domicile Qatar Long Term Rating A1 Type LT Issuer Rating - Dom Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Rehan Akbar 971-4-237-9565 VP-Senior Analyst [email protected] Cha
Raise target price by 5% to QAR100/share, as we account for a higher cash balance, which has offset the cut in steel gross margins over our forecast horizon. We expect a 17% y-o-y jump in 2017 EPS to QAR5.7, mainly due to the absence of one-offs and assume a DPS of QAR5.0/share (+20% y-o-y), yielding 4.8% (vs. DSM average of 4.3% and a sector average of 3.9%). The stock’s c20% premium to fertiliser and petrochemical stocks on 2017 EV/EBITDA (10.1x) can be explained by this above-average yield, i...
During Q1 2017, Sales decreased by 3.5% to QAR1.107bn vs. QAR1.147bn, yoy. However, the net profit increased by 39.4% to QAR927.944m vs. QAR697.029m a year earlier, thanks to a significant improvement of income from JVs which climbed by 39.4% to amount to QAR642.545m vs. QAR460.849m, a year ago.
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
By the end of September 2016, revenues dropped by 16.3% to QAR3.437bn vs. QAR4.107bn, a year ago. The net profit amounted to QAR2.725bn compared to QAR3.830bn, a year earlier. We point that the group did not release performances per segment. However, we note that the income from JV (Petrochemicals and fertilizer activities) was sharply down by 43.12% to QAR1.686bn vs. QAR2.965bn, yoy.
On 30/06/2016, revenues dropped by 15.84% to QAR2.431bn vs. QAR2.888bn, yoy. Net profit amounted to QAR1.965bn compared to QAR2.423bn, a year earlier. By segment: the steel activity (the group’s main activity)’s net profit increased by 26.33% to QAR674.166m. However, the Fertilizers segment suffered the largest drop as its net profit was sharply down by 93.84% to QAR36.651m. Also, the Petrochemicals ‘net profit dropped by 5.66% to reach QAR1.180bn vs. QAR1251.4bn, a year earlier.
IQ released Q1 2016 figures that showed a net profit down -26.68% to QAR697.029m compared to the same period a year ago. Sales at the end of Q1 2016 accused a decline of 12.6% to reach QAR1.147bn vs. QAR1.312bn in the same period of 2015. By segment, the steel activity (the group’s main activity)’s net profit decreased by 6.71% to QAR197.257m. The Fertilizers segment suffered the largest drop as its net profit was in a negative territory to QAR-3.345m.
IQ closed the year with a revenue drop of -12.5% to QAR5.228bn. 2015 net profit amounted to QAR4.445bn, down by 29.9%, compared to QAR6.341bn a year earlier. The EBITDA margin dropped to 21.3% vs. 23.0%, yoy. The net profit also slumped by 29.91% to reach QAR4.445bn. By segment, all of the group’s activities posted a decline in both revenues and net profit. The Petrochemicals segment suffered the largest drop as its net profit fell down by 37.2% to reach QAR2.61bn vs.
For the first nine months of this year, IQ posted a net profit of QAR3.83bn, down 18.84% compared to the same period a year ago. Revenues, recorded till 30 September, amounted to QAR4.107bn, down 12.12% y-o-y. The production utilization reached 104.7% vs. 98.4% in 2014, as the Group benefited by a comparatively lower number of maintenance days in the current year since most of the group’s production facilities completed their planned and warranty maintenance shutdown in 2014.
After a disappointing beginning of the year, Industries Qatar recorded commendable financial results during Q2 2015 after sales volumes had improved substantially (+17.1% compared to the same period a year ago). In fact, the company announced that it was able to sell more petrochemicals (a joint-venture) and steel (the Group's main activity) during the second three months of the year. The group also reported a strong net profit rise of 17.46% as most of the group's production facilities were on ...
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