Brief Comments (Half Year 2008):
Industries Qatar (“IQ” or “the Company”) is pleased to present the consolidated financial results of the Company for the period from January 1st to 30th June, 2008.
The current results indicate that IQ Net Profits have grown by more than 124%, to QR 4.594bn compared to 2.046bn for H1 2007, and that Earnings Per Share for H1 2008 stands at QR 8.35, most of which is from purely Operating Profits.
SUMMARY FINANCIAL RESULTS: |
H1, 2008 |
Balance Sheet |  | Profit & Loss Statement |
 | H1 2008 | Change Since |  | H1 2008 | Change compared to |
Y.E. 2007 | H1 2007 |
| Total Assets [In QRm] | 23,313.0 | +3,171.0 | Sales [In QRm] | 7,676.0 | +3,487.0 |
| Growth % |  | +16% | Growth % |  | +83% |
 |  |
| Cash & Cash Equivalents [In QRm] | 6,231.0 | +60.0 | Gross Profit [In QRm] | 4,511.0 | +2,395.0 |
| Growth % |  | +1% | Margin % | 59% | +113% |
 |  |
| Shareholders' Equity [In QRm] | 16,331.0 | +2,664.0 | Net Profit [In QRm] | 4,594.0 | +2,548.0 |
| Growth % |  | +19% | Margin % | 60% | +125% |
Financial Results H1, 2008