Brief Comments (2006 YE):
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, 2006 (“Full-Year, 2006”).
The current results indicate that IQ Net Profits have grown by more than 12%, to more than QR 3.6 bn, and that Earnings Per Share now exceeds QR 7.2, 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 1.4 bn in the first year (2003), to QR 2.5bn in 2004. Net profit reached QR 3.25 bn in 2005 and touching 3.6 bn in 2006. 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: |
For Y.E. 2006 |
Balance Sheet |  | Profit & Loss Statement |
| Y.E. 2006 | Change Since | | Y.E. 2006 | Change Since |
|
Y.E. 2005 | Y.E. 2005 |
|
| Total Assets [In QRm] | 14,880.4 | +2,792.2 | Sales [In QRm] | 7,778.1 | +1,200.1 |
| Growth % | | +23% | Growth % | | +18% |
| | |
| Cash & Cash Equivalents [In QRm] | 4,626.4 | +676.3 | Gross Profit [In QRm] | 3,686.1 | +205.9 |
| Growth % | | +17% | Margin % | 47% | +6% |
| | |
| Shareholders' Equity [In QRm] | 11,052.4 | +1,698.9 | Net Profit [In QRm] | 3,619.2 | +405.7 |
| Growth % | | +18% | Margin % | 47% | +13% |
Annual Report 2006
