Commercial Bank of Qatar misses forecasts with 99 pct profit slump
Commercial Bank of Qatar, the Gulf Arab state's third-largest lender by assets, reported a 99 percent fall in fourth-quarter net profit on Wednesday, according to Reuters calculations. This meant it widely missed analysts forecasts as it was hit by provisions and weakness among its overseas investments. The bank earned a…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Nasdaq