Doha: Salam International Investment Limited has recorded a 29.24% increase in net profit during the first quarter of the year, according to data published on the Qatar Stock Exchange website.
According to Qatar News Agency, the company's net profit rose to QR 26.152 million, compared with QR 20.235 million in the same period last year. This indicates a significant financial performance improvement for the company in the initial months of the year.
Earnings per share also increased to QR 0.023 for the three months ending March 31, up from QR 0.018 in the corresponding period of the previous year. This growth in earnings per share reflects the company's enhanced profitability and operational efficiency during the first quarter.