Doha Bank Q2 profit hits $87m.Byline: Doha Doha (dō`hä), city (1994 est. pop. 361,500), capital of Qatar, SE Arabia, on the Persian Gulf. Doha was a small fishing and pearling village until oil production in Qatar began in 1949.
Qatar's Doha Bank said it has posted a second-quarter net profit of QR316.32 million ($86.8 million), up 3.6 per cent from the year-earlier period.
The company made a net profit of 646 million riyals in the first half of the year, compared with 579.3 million riyals a year earlier, the firm said in a statement on Qatar's bourse bourse (brs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. website.
The bank's second-half results were in a line with HC Brokerage's forecast of 316.41 million riyals in a Reuters Reuters
British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. survey earlier this month.
Doha Bank reported net profit attributable to shareholders of 305.22 million riyals in the second quarter of 2008.- Reuters
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