Qamco posts net profit of QR276 million for 9 months
Tribune News NetworkDohaQatar Aluminium Manufacturing Company reported a net profit of QR276 million for the nine-month period ended 30 September 2026, with an earnings per share o...
Qatar Aluminium Manufacturing Company (Qamco) announced a net profit of QR276 million for the nine months ending 30 September 2026, with earnings per share at QR0.050. Despite the challenges posed by the regional conflict and shipping disruptions, aluminium demand remained strong across key sectors. The company's revenue, EBITDA, and net profit all declined year-over-year due to reduced production and sales volumes from the conflict-induced operational challenges.
However, higher average selling prices and lower operating costs helped mitigate the impact. Qamco's net profit saw a slight increase in Q3 2026 compared to Q2 2026, driven by increased sales volumes. Safety and operational excellence remain top priorities for the company, with plans for maintenance activities during the reduced production period.
The company's balance sheet remains strong, with ample cash reserves to support operations, even after paying dividends related to 2025. Qamco will discuss these results and future outlook in an investor relations earnings call on October 27, 2026.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
