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Saturday, August 7, 2010

Industries Qatar profit in Q2 up by 14pct YoY

Industries Qatar, the Gulf emirate's state controlled petrochemical and steel maker, posted a bigger than expected 14% gains in Q2 profit amid rising steel prices.

The company said that net income rose to QAR 1.39 billion from QAR 1.22 billion a year earlier. The average estimate of 4

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