Qamco (Qatar Aluminium Manufacturing Company) has reported the highest half-yearly net profit of QR288mn at the end of June 30, 2021, reporting more than 19-fold jump year-on-year. The substantial improvement in the net profitability was on account of the improved global aluminium prices, linked to macro-economic recovery and supply constraints Qamco's share of revenue from the joint venture (Qatalum) amounted to QR1.35bn in the first six months of this year. Its share of Ebitda (earnings before interest, taxes, depreciation and amortisation) from the JV stood at QR558mn, with an Ebitda margin of 41.72% in the first half (H1) of 2021 against 27.9% in the year-ago period. "We benefited f
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