Bloomberg News

Gulf Intl. Services Nine-Month Profit Falls 48% as Costs Rise

October 13, 2011

Oct. 13 (Bloomberg) -- Gulf International Services QSC, a Qatari oil and gas services company, said nine-month profit dropped to 187 million riyals from 358.6 million riyals a year earlier as costs increased

Costs increased to 817 million riyals from 718.8 million riyals a year earlier, while revenue declined to 1 billion riyals from 1.1 billion riyals, the company said in an e-mailed statement today.

To contact the editor responsible for this story: Shaji Mathew at

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