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Qatar Electricity predicts 15% increase in Q1 profit
- Qatar: Tuesday, June 30 - 2009 at 10:15
Qatar Electricity & Water Co said it expects first-half profit to rise 15%, without providing a reason for the rise, reported Bloomberg. The utility has said its net income for the period ending June 30 should climb to QR403 million ($111m), or QR4.03 a share, from QR349 million, or QR3.49, in the year-earlier period.
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