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Year End 2008


Brief Comments (YE-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 December 31st, 2008 (“Full-Year, 2008”).

The current results indicate that IQ Net Profits have grown by more than 45%, to QR 7.3bn, and that Earnings Per Share now exceeds QR 13.2, most of which is from purely Operating Profits.

If we look at the IQ Net Profit curve since inception, we will notice that Net Profits have progressively increased: from QR 1.4bn in the first year (2003), to QR 2.5bn in 2004. Net profit reached QR 3.25bn in 2005, 3.6bn in 2006, 4.98bn in 2007, and touching 7.3bn in 2008. This progressive growth of IQ’s Net Profits bears witness to the successful policy and strategy adopted by the company to achieve consistent returns for our shareholders.


SUMMARY FINANCIAL RESULTS:
Y.E. 2008
Balance Sheet
Profit & Loss Statement
Y.E 2008
Change Since
Y.E 2008
Change compared to
Y.E. 2007
Y.E. 2007
Total Assets [In QRm]
27,449.6
+7,307.9
Sales [In QRm]
14,743.0
+5,417.0
Growth %
+36%
Growth %
+58%
Cash & Cash Equivalents [In QRm]
9,445.2
+3,273.8
Gross Profit [In QRm]
7,330.5
+2,399.2
Growth %
+53%
Margin %
50%
Shareholders' Equity [In QRm]
18,242.9
+4,575.9
Net Profit [In QRm]
7,275.5
+2,292.3
Growth %
+33%
Margin %
49%

2008 Annual Report

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