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QEWC, $135m 9-month profit
- Qatar: Sunday, October 22 - 2006 at 11:31
The Qatar Electricity and Water Company has reported an 11% decline in net profits over the first nine months of the year despite cost cutting measures, reported the Gulf Times. QEWC earned $135.4m during the period, while its capital base stands at $275.2m. The company's total assets meanwhile are worth $1.9bn.
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Jonathan Sheikh-Miller, Deputy EditorSunday, October 22 - 2006 at 11:31 UAE local time (GMT+4)
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This article was updated on Thu Nov 16 2006.
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