Qatar Industrial Manufacturing QPSC (QIMC) News - Mubasher Info
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09 April 11:38 AM

Qatar Industrial Manufacturing QPSC (QIMD)

Last update: 11:20 AM market time.
2.23
-0.36
-14.07%
Open 2.22
Previous Close 2.57
High 2.28
Low 2.21
Stock Statistics
Volume 199,020
Turnover 443,688.22
All data are 15 minutes late during market session

News

The Qatari firm’s profits retreated 2.7% to QAR 200.28 million in 2018
11 February 2019 02:29 PM Qatar Industrial Manufacturing profit drops 2.7% in 2018; dividends proposed
Mubasher: Qatar Industrial Manufacturing Company (QIMC) reported a 30.3% year-on-year profit decline in the fourth quarter of 2018. During the October-December period of 2018, QIMC’s profits amounted to QAR 29.7 million ($8.2 million), compared to …
Financial Results
The project’s first phase is set to produce 200 tonnes per day with a total cost of QAR 238 million
24 December 2018 09:44 AM QIMC’s subsidiary sets up QAR 538m glass containers project in Qatar
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Monday announced that its subsidiary, Gulf Glass Factory, has signed an engineering, procurement, and construction (EPC) contract with the Italian company Falorni Gianfranco to build the …
Companies Investments
The industrial sector’s profits hiked to QAR 2.29 billion ($630.1 million) in Q3-18,
30 October 2018 02:26 PM Profits of QSE industrial sector hike 22% in Q3 – Survey
By: Eman Ghaly Mubasher: Profits of the industrial companies listed on the Qatar Stock Exchange (QSE) increased by 22.04% year-on-year in the third quarter of 2018, according to Mubasher’s statistics. The industrial sector’s profits hiked to QAR …
Financial Results
Net profits amounted to QAR 62.2 million in Q3-18
25 October 2018 05:13 PM Qatar Industrial profits grow 24% in Q3
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Thursday posted a 24.3% year-on-year increase in profits for the first quarter of 2018. Net profits amounted to QAR 62.2 million in Q3-18, compared to QAR 50.1 million in Q3-17, according …
Financial Results
The MoU was inked on the sidelines of the Qatar-Germany Business and Investment Forum
9 September 2018 01:48 PM QIMD, GlassGlobal sign MoU to boost Qatar's glass industry
Mubasher: Qatar Industrial Manufacturing Company (QIMD) on Sunday announced that it has signed a memorandum of understanding (MoU) with GlassGlobal, a German consulting firm specialized in providing technical and advisory services to the glass …
Macroeconomics
QIMD did not give further details concerning the acquisition's value
29 August 2018 11:35 AM QIMD buys foreign partner’s stake in QPPC
Mubasher: Qatar Industrial Manufacturing Company (QIMD) on Wednesday announced that it has completed acquiring the foreign partner's share in one of the associates in Qatar Plastic Products Company (QPPC). The acquisition was financed by a profit …
Mergers and Acquisitions
EPS amounted to QAR 2.28 during the period between January and June
26 July 2018 03:08 PM Qatar Industrial logs QAR 108m profit in H1
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Thursday reported a profit decrease in the first six months of 2018, recording QAR 108.2 million, compared to QAR 113.4 million in H1-17.   The firm attributed the first-half profit drop …
Financial Results
After the takeover, QIMC’s stake rose to 66.66%
29 May 2018 03:16 PM QIMC doubles stake in QPPC
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Tuesday announced that the company’s managing director has signed a contract to acquire the foreign partner's stake in Qatar Plastic Products Company (QPPC).  After the takeover, QIMC’s …
Companies Investments
Profits amounted to QAR 50.82 million in Q1-18
25 April 2018 03:01 PM QIMC profits fall 16% Q1-18
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Wednesday announced that its profits dropped 15.9% year-on-year for the first quarter of 2018. Profits amounted to QAR 50.82 million in Q1-18 down from QAR 60.44 million in the same period …
Financial Results
The MoU aims at meeting Qatar's needs from float glass panels
19 April 2018 02:01 PM QIMC, US Stewart Engineers ink MoU for glass production
Mubasher: Qatar Industrial Manufacturing (QIMC) on Thursday has signed a memorandum of understanding (MoU) with US-based Stewart Engineerings to set up float glass facility in the GCC nation with QAR 700 million in investments. The MoU aims at …
Macroeconomics
QIMC’s current stake in QPPC is 33.33%
13 March 2018 10:30 AM QIMC looks to double stake in Qatar Plastic Products
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Tuesday announced plans for a possible acquisition of the foreign partner's stakes in Qatar Plastic Products Company (QPPC). QIMC’s current stake in QPPC is 33.33% and following the …
Mergers and Acquisitions
The assembly also approved the company’s future plans
12 March 2018 10:53 AM QIMC Oks QAR 3/shr dividends for 2017
Mubasher: Qatar Industrial Manufacturing (QIMC) on Monday announced that the ordinary general assembly approved distributing a cash dividend of 30% or QAR 3 per share for 2017. The assembly also approved the company’s future plans, according to …
Cash Dividends
After the acquisition, QIMC’s ownership in GFC rose to 30%
19 February 2018 10:46 AM QIMC acquires United Development's stake in GFC
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Monday announced that it has completed the purchase of United Development Company’s (UDC) stake in Gulf Formaldehyde Company (GFC). QIMC bought 400 shares of UDS’s stake in GFC, which …
Mergers and Acquisitions
The total cost of the project amounted to QAR 1.2 billion
12 February 2018 01:50 PM QIMC to build 3 towers at QAR 1.2bn
Mubasher: The Qatar Industrial Manufacturing Company (QIMC) on Monday said that chairman Abdulrahman bin Mohammed Al Thani has inked an agreement with the Redco Construction - Almana Company for constructing three mixed-use towers. Located on …
Companies Investments
(Photo Credit: Arabianeye-Reuters)
7 May 2017 05:08 PM Qatar industry sector profits rise 8% in Q1
By: Aml Hosny Doha – Mubasher: Qatari industry companies listed on the Qatar Stock Exchange (QSE) reported a 7.66% growth in profits for the first quarter of 2017, compared to Q1-16. The profits of Qatar Industrial Manufacturing Company (QIMC), …
Financial Results
(Photo Credit: Cheval's press release)
1 May 2017 02:23 PM UK’s Cheval, QIMC ink luxury hotel deal in Qatar
Doha – Mubasher: Cheval Residences on Monday announced signing an agreement with Qatar Industrial Manufacturing Company (QIMC) to open luxury serviced apartments in Doha, Qatar by 2020. London-based Cheval Residences said the Doha development will …
Management Decisions
(Photo Credit: Company website)
1 May 2017 09:24 AM QIMC posts QAR 60.4m profits in Q1
Doha – Mubasher: Qatar Industrial Manufacturing Company (QIMC) reported a 10% year-on-year growth in its profits for the first quarter of 2017. QIMC’s profits amounted to QAR 60.44 million ($16.60 million) in Q1-17, up from QAR 54.9 million …
Financial Results
(Photo Credit: Company website)
16 April 2017 05:04 PM QIMC, Cheval Residences to establish 350 Doha apartments
Doha – Mubasher: Qatar Industrial Manufacturing Company on Sunday reported that it has signed an agreement with Cheval Residences for establishing luxury serviced apartments in Doha, Qatar, in 2020. Cheval West Bay ApartHotel is part of QIMC’s …
Mutual Funds
(Photo credit: Mubasher’s Photo archive)
10 April 2017 04:46 PM Qatar industry sector retreats 22% in Q4
By: Aml Hosny Doha – Mubasher: The financial statements of eight Qatari-listed companies in the industry sector showed a drop of 22.3% in profits in the fourth quarter of 2016, compared to the same period in 2015. The profits of the eight …
Financial Results
QIMC generated profits of QAR 193.8 million in 2016 (Photo Credit: Arabianeye-Reuters)
12 February 2017 00:58 PM QIMC stock hits 23-month high
Doha – Mubasher: Qatar Industrial Manufacturing Company’s (QIMC) stock rose to the highest level since March 2015. The stock rose 0.10% to QAR 47.65 by 12:52pm Qatar time. Trading on the stock reached 34,000 shares exchanged through 27 …
Trading Activities
Abdul Rahman Al Ansari, CEO of Qatar Industrial Manufacturing - (Photo Archive)
8 January 2017 05:07 PM Qalex doubles production capacity
Doha - Mubasher: Qatar Aluminum Extrusion Company (QALEX), which is a subsidiary of Qatar Industrial Manufacturing (QIMC) has doubled its production capacity by adding new production lines with investments totalling QAR 45 million. The expansion …
Companies Investments
The new firm will launch a plant at the Mesaieed Industrial City (Photo Credit: Arabianeye-Reuters)
28 November 2016 08:57 AM QIMC’s JV inks deal to launch chemical plant
Doha – Mubasher: Qatar Industrial Manufacturing Co (QIMC) has signed the contract for establishing the United Company for Chemicals as a limited liability Qatari firm. The joint venture (JV) is a partnership between K.L.G. Qatar and Gulf Chlorine …
Companies Investments
Profits of the industrial sector amounted to QAR 1.814 billion in Q3 (Photo Credit: Arabianeye-Reuters)
30 October 2016 00:19 PM QSE’s industrial sector Q3 profits fall 34%
By: Mohamad Farouk Doha – Mubasher: The financial statements of the industrial companies listed on Qatar Stock Exchange (QSE) showed a decline of 34% in the third quarter of 2016 as compared to the same period a year ago. Profits of the industrial …
Financial Results
The Qatar Stock Exchange (Photo credit: Arabianeye - Reuters)
24 October 2016 10:43 AM QIMC tops gainers in mid trade after positive Q3 results
Doha – Mubasher: Qatar Industrial Manufacturing Company's (QIMC) stock led the green list in Monday’s mid trading, after announcing positive results for the third quarter of fiscal 2016. The stock rose 4.6% or QAR 1.9 by 10:35am Doha time to QAR …
Trading Activities
QIMC headquarter (Photo Credit: Company Website)
24 October 2016 08:50 AM QIMC sees higher profits in Q3
Doha – Mubasher: Qatar Industrial Manufacturing Company (QIMC) reported a 30.3% year-on-year rise in its profits during the third quarter of 2016, according to a bourse statement. Net profits reached QAR 65.85 million ($18.08 million) in Q3-16, …
Financial Results