Qatar National Cement profits rise 6% in 2018

In a filing to the Qatar Stock Exchange, Qatar National Cement reported a 53.4 per cent YoY increase in fourth-quarter profits to QAR129.03m (US$35.4m) and a 6.4 per cent YoY rise to QAR347.83m for the full year of 2018.

The company saw profits fall to QAR218.8m in 3Q18 from QAR242.8m in 3Q2017.