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Islamic Finance Briefing - Categorized | Finance, Performance more

Salam International Investment Q1 profit plunges 58pct

Posted on 19 April 2013

Salam International Investment (SIIL) has reported a 58% plunge in January-March net profit to QR11.61mn despite registering gross profit and tripled investment income.
An about 2% fall in operating income to QR498.92mn was made up by a 4% cut in operating cost, thereby helping the SIIL report a 6% gain in gross profit to QR144.75mn, according to its financial statement………………………………………..Full Article: Source

 
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