Brief Comments (YTD Q3-2008)
Industries Qatar (“IQ” or “the Company”) is pleased to present the consolidated financial results of the Company for the period from January 1st to September 30th, 2008 (“YTD Q3, 2008”).
The current results indicate that IQ Net Profits have grown by 111%, to QR 7.18bn compared to 3.40bn for the same period of 2007, and that Earnings Per Share stands at QR 13.06, most of which is from purely Operating Profits.
SUMMARY FINANCIAL RESULTS: |
For YTD Q3, 2008 |
Balance Sheet |  | Profit & Loss Statement |
 | YTD Q3 2008 | Change Since |  | YTD Q3 2008 | Change compared to |
Y.E. 2007 | YTD Q3 2007 |
| Total Assets [In QRm] | 27,233.0 | +7,091.0 | Sales [In QRm] | 12,750.0 | +5,970.0 |
| Growth % |  | +35% | Growth % |  | +88% |
 |  |
| Cash & Cash Equivalents [In QRm] | 7,892.0 | +1,721.0 | Gross Profit [In QRm] | 7,190.0 | +3,669.0 |
| Growth % |  | +28% | Margin % | 56% | +104% |
 |  |
| Shareholders' Equity [In QRm] | 18,724.0 | +5,057.0 | Net Profit [In QRm] | 7,182.0 | +3,781.0 |
| Growth % |  | +37% | Margin % | 56% | +111% |
Financial Results Q3, 2008