QAMCO's Half-Year Net Profit Declines 35.9 Percent
Qatar Aluminum Manufacturing Company (QAMCO) reported a 35.9 percent decline in net profit for the first half of 2026, with earnings falling to QR 219.18 million from QR 342.09 million in the same period of 2025. Earnings per share decreased to QR 0.039 from QR 0.061 year-over-year.
Qatar Aluminum Manufacturing Company, a publicly listed Qatari enterprise, disclosed a significant contraction in profitability during the first six months of 2026. The company's net profit fell by more than one-third compared to the prior-year period, reflecting challenging operational or market conditions during the interim reporting window.
According to financial data released through the Qatar Stock Exchange, the company's bottom-line earnings totaled QR 219.18 million for the half-year ended June 30, 2026, representing a substantial decline from QR 342.09 million recorded in the corresponding first half of 2025. This deterioration in absolute profit was mirrored in per-share metrics, which contracted from QR 0.061 to QR 0.039 over the same comparative period.
The earnings decline signals potential headwinds affecting the aluminum manufacturing sector or QAMCO's competitive position during the first half of the year.
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