Q1 financial results

Aamal Company Q.S.C has announced its 1st quarter financial results for 2008 showing outstanding performance. Net profit has increased by 432% to reach QR 128million compared to the same period last year where net profit was only QR 34 million and also the earning per share has increased from QR.09 in 2007 to reach QR48.

His Excellency Sheikh Faisal Bin Qassim Al Thani expressed his satisfaction for the achieved results during the 1st quarter stating that these figures is the natural reflection of development taking place in Aamal branches & subsidiaries and the company will continue to do its best to achieve more rewarding results.

And he also added that Aamal Company Q.S.C always seek to diversify its investments through developing its current operations and attract new opportunities through international partnerships which leads to better results and reduce the calculated risk to the benefit of the shareholders.

H.E. expressed the company’s interest in recruiting more Qatari Nationals to be part of the existing team and help to lead the company forward.