Qatar Aluminium Manufacturing Company (Qamco), a 50% joint venture partner in Qatar Aluminium Company (Qatalum), has reported a net profit of QR611mn with earnings-per-share of QR0.11 for the first six months of 2022. The share of JV’s revenue increased by 56% to QR2.11bn. Earnings before interest, taxes, depreciation and amortisation increased by 58% to QR883mn. Qamco's improved financial results were largely attributed to an overall growth in average realised selling prices. The average realised selling price grew 54% year-on-year and contributed QR738mn positively to the net profit for the review period. Production and sales volume levels marginally increased by 1% in H1, 2022 on annual
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