Buoyant revenues help Mekdam report 10% jump in net profit in Q2 ...Qatar

News by : (Gulf Times) -
Helped by buoyant business volumes, Mekdam Holding Group has reported a 10.1% year-on-year growth in net to QR14.6mn for the period ended June 30, 2022. The group's revenue reached QR226.3mn compared to QR99.2mn for the same period of the previous year with a growth rate of 128.2%. "Providing new services in the distance education system and providing comprehensive maintenance services for gas recycling plants enhanced the earning level," a company spokesman said. Earnings per share (EPS) amounted to QR0.215 for the period ended June 30, 2022, compared to EPS of QR0.195 for the period ended June 30, 2021. Mekdam Holding Group was able to sign new contracts with a total value of QR947mn,

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