2024-09-05
These Companies' Revenue Decreased the Most Since 2019
Over the past five years, five Qatari companies have experienced the least revenue growth.
Qatar Oman Investment (QOIS) saw the most significant decline, with a Compound Annual Growth Rate (CAGR) of -13%.
Its revenue decreased from QAR 14.4 million in 2019 to QAR 8.4 million in 2023.
Mesaieed Petrochemical Holding Company (MPHC) also experienced a decline with a CAGR of -15%, seeing its revenue drop from QAR 2.1 billion in 2019 to QAR 1.1 billion in 2023.
Mannai (MCCS) reported a similar trend, with a CAGR of -15%, as its revenue fell from QAR 11.7 million in 2019 to QAR 6.1 million in 2023.
Qatar Insurance (QATI) faced a CAGR of -17%, with revenue declining from QAR 15.6 billion in 2019 to QAR 7.4 billion in 2023.
Finally, National Leasing (NLCS) saw a CAGR of -20%, with revenue dropping from QAR 149.5 million in 2019 to QAR 60.8 million in 2023.
These companies have struggled to maintain revenue growth over the past five years, highlighting the challenges they face in a competitive market.
Understanding these trends is crucial for investors evaluating the potential risks and opportunities within the Qatari market.
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Qatar Oman Investment (QOIS) saw the most significant decline, with a Compound Annual Growth Rate (CAGR) of -13%.
Its revenue decreased from QAR 14.4 million in 2019 to QAR 8.4 million in 2023.
Mesaieed Petrochemical Holding Company (MPHC) also experienced a decline with a CAGR of -15%, seeing its revenue drop from QAR 2.1 billion in 2019 to QAR 1.1 billion in 2023.
Mannai (MCCS) reported a similar trend, with a CAGR of -15%, as its revenue fell from QAR 11.7 million in 2019 to QAR 6.1 million in 2023.
Qatar Insurance (QATI) faced a CAGR of -17%, with revenue declining from QAR 15.6 billion in 2019 to QAR 7.4 billion in 2023.
Finally, National Leasing (NLCS) saw a CAGR of -20%, with revenue dropping from QAR 149.5 million in 2019 to QAR 60.8 million in 2023.
These companies have struggled to maintain revenue growth over the past five years, highlighting the challenges they face in a competitive market.
Understanding these trends is crucial for investors evaluating the potential risks and opportunities within the Qatari market.
If you liked this post, follow @Sahmik_at for more insights from QSE.
#Sahmik_at #Qatar #QatarStockExchange #QSE#finance #GulfCooperationCouncil #GCC#GCCnews #news #stockmarket #stocks#stocknews #financialnews#stockmarketperformance #stockperformance#investments #financialinvestments