Qamco net profit grows by 54% to QR803m for nine months

Doha: Qatar Aluminium Manufacturing Company (Qamco), a 50 percent joint venture partner in Qatar Aluminium Company (Qatalum), yesterday reported a net profit of QR803m for the nine-month period ended September 30, 2022, an increase of 54 percent compared to QR521m during the same period last year. The company’s earnings per share (EPS) also grew by 54 percent to QR0.144 from QR0.093.

The macroeconomic environment for the aluminium markets…