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Qatar's Zad Holding reports higher net profit for Q1

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Qatar: The QE 20 Index declined 0.10% to 8,628.31 points. Food and beverages producer Zad Holding closed unchanged at QR63. Earlierin the day, Zad said the financial statements revealed a net profit of QR45.3m in comparison to QR41.6m for the corresponding period in 2012. Qatar German Co. Med. gained the most (up 3.36% at QR13.55), while Gulf International posted the biggest loss on Monday (down 3.90% at QR39.40). [AMEInfo.com]

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