Industries Qatar reported earnings results for the third quarter ended September 30, 2017. For the quarter, the company reported a net profit of QAR 2.4 billion and earnings per share of QAR 3.9, compared to a net profit of QAR 2.7 billion and earnings per share of QAR 4.5 for the same period of 2016. Total debt stood at QAR 2.4 billion, down QAR 0.6 billion versus 31 December, 2016. Revenue reported under IFRS 11 for the period ended September 30, 2017 was QAR 3.2 billion, a decrease of 8%, over the same period of 2016. This year-on-year decrease was due to a combination of factors including a slight decrease in sales volumes and prices.