Aamal Company has earned a total revenue of QR1.3bn in 2020, up 1% on the previous year, driven by increased revenue in its industrial manufacturing, trading and distribution segments.

Aamal Company has reported net profit of QR20.3mn on total revenues of QR634mn in the first six months of this year.

Aamal Company appoints Imran Chughtai as chief financial officer

Aamal Company, which is focused on strengthening the market position of its businesses through ongoing investment, plans to put emphasis on the industrial and trading sectors, according to its chief executive officer.

Aamal Company, one of the most diversified conglomerates in Qatar, is considering a stock split, whereby each share will be subdivided into 10 shares, a move that ought to make the scrips attractive to retail investors and enhance liquidity.

The first phase of the redevelopment project of the City Center Mall will be completed by the end of 2016, according to Aamal Company vice chairman Sheikh Mohamed bin Faisal bin Qassim al-Thani.