DOHA: Qatar’s current account surplus widened to QR226.9bn ($62.3bn) in 2012, or 32.4 percent of gross domestic product, the central bank’s preliminary data showed, beating analysts’ expectations. The Opec member had booked a surplus of QR189.2bn in 2011, or 30.3 percent of GDP, according to a Reuters calculation based on official data. Analysts polled by Reuters in January had expected Qatar’s current account surplus would fall to 28 percent of GDP in 2012.
Qatar German Medical Devices reports loss
Doha: Qatari German for Medical Devices Company disclosed the interim financial statement for the three month period ended March 31, 2013. The interim financial statements revealed a net loss of QR2.9m in comparison to a net loss of QR1.8m for the same period last year, the company said in a statement. The company’s loss per share (LPS) amounted to QR0.25 as of March 31, 2013, as against loss per share (LPS) of QR0.16 for the corresponding period in 2012.
Dlala nets QR16.5m profit in first quarter
Doha: Dlala Brokerage and Investment Holding Company disclosed the interim financial statement for the three month period ended March 31, 2013. The statement revealed a net profit of QR16.5m in comparison to QR15.3m for the corresponding period in 2012, the company said in a statement. The earnings per phare (EPS) amounted to QR0.74 as of March 31, 2013, compared to QR0.69 during the same period in 2012.
Reuters/QNA
