It achieved 49.483 billion riyals, an increase of more than 10 percent in the profits of Qatari companies listed on the stock exchange

Data issued by the Qatar Stock Exchange showed an increase in the net profits of the companies listed on the stock exchange during the past year by 10.27 percent, to reach 49.483 billion riyals, compared to 44.871 billion riyals in 2021. The data attributed the increase in the profits of the listed companies to an increase in the profits of the banking and financial services sector by 7.91 percent. percent last year, to reach 26.445 billion riyals, compared to 24.507 billion riyals in 2021. Profits of the industrial sector also increased by 9.71 percent, to reach 14.759 billion riyals, compared to 13.485 billion riyals in 2021. The profits of telecom sector companies came in third place with net profits. Its value is 2.8 billion riyals in 2022, compared to 374 million riyals in 2021, and the transport sector companies ranked fourth, which achieved net profits of 2.6 billion riyals, up from 2.3 billion in 2021. The services and consumer goods sector also ranked fifth with net profits worth 1.860 billion riyals, compared to 1.880 billion in 2021, while the real estate sector ranked sixth, achieving net profits of 1.6 billion riyals, compared to 1.2 billion in 2021. The insurance sector ranked in The last place, as it incurred losses of more than 700 million riyals, compared to about one billion riyals net profits for the year 2021.