Qatar Oman Investment Company discloses the semi annual financial statements for the period ending June 30, 2010.
The reviewed financial statements for the period ending June 30, 2010 revealed a net profit of QR 8,6 Million in comparisons to QR 14,8 Million for the same period last year.
The Company’s Earning per Share (EPS) amounted to QR 0.29 as of June 30, 2010 versus QR 0.49 for the corresponding period in 2009.
The Board of Director discussed Amendment of article No. (8) of the Memorandum and the Statutes which states that ” The individual share holder cannot hold more than 5% of total equity of the company , with Exception of founders “
The Board discussed at the meeting and decided to start its implementation as soon as approval received from the Qatar Financial Markets Whereas , the company already received the approval from Ministry of Business & Trade .