The Qatar Stock Exchange witnessed its listed companies cumulatively report net profit of QR10.49bn in the first three months of this year with banking and industrials sectors contributing about 74% to the overall kitty.
Industries Qatar (IQ) has posted a net profit of QR700mn in the first quarter of this year.
Qatar Islamic Bank (QIB) has reported a 10% year-on-year jump in net profit to QR685.2mn in the first three months of this year.
Vodafone Qatar has posted a net profit of QR118mn for the year ended in December 2018, the first ever-profitable year, resulting in a "significant" increase of QR374mn compared to the year before.
BP joined its competitors in posting a strong 2018 performance, with a doubling of profits driven by strong growth in oil and gas output following a large US shale acquisition.