Listed companies in GCC miss analysts’ Q2 profits estimates

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Tuesday 02, October 2012 by Robin Amlôt

Listed companies in GCC miss analysts’ Q2 profits estimates

Aggregate profits of $11.6 billion announced by GCC-listed companies for Q2 2012 disappointed investors, as the numbers fell marginally short of analysts’ aggregate median profits estimate of $12 billion. The results shortfall was led mainly by the results of Kuwaiti companies.

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