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Qatari German Medical Devices 9M losses shrink by 5.1%

Qatari German Medical Devices 9M losses shrink by 5.1%
Photo Credit: Arabianeye - Reuters
QG Medical Devices
QGMD
-11.00% 1.46 -0.18

Mubasher: Financial statements of Qatari German Medical Devices (QGMD) showed a 5.1% decline in the company’s loss during the nine months ended 30 September, 2015.

The Qatar listed company’s January-September net loss reached QAR 9.4 million, ($2.58 million), versus QAR 9.9 million ($2.72 million) in the same period last year.

Loss per share amounted to QAR 0.82 in the past nine months, compared to QAR 0.86 in the prior-year period.

QGMD’s net loss came to about QAR 6.8 million ($1.87 million) in the first half of this year, versus QAR 6.4 million ($1.76 million).