Aamal posts QR68.1m net profit in first quarter
29 Apr 2021 - 11:23 Chairman of Aamal, Sheikh Faisal Bin Qassim Al Thani (left), and Chief Executive Officer and Managing Director of Aamal, Sheikh Mohamed bin Faisal Al Thani The Peninsula Aamal Company (Aamal), one of the region’s leading diversified companies, yesterday announced a net profit of QR68.1m for the first quarter of 2021. The Group also reported a revenue of QR312.7m, down by 16.4 percent compared to QR374.0m during the same period last year due to lower sales within its Trading and Distribution segment amid the ongoing pandemic. Aamal’s gross profit was down by 14.1 per...