QG discloses financial statements

Qatar German for Medical Devices disclosed Sunday the interim financial statements for the period ending September 30, 2011. The interim financial statements revealed a net loss of QR 3.5 Million for the nine months period ended September 30, 2011 in comparison to a net loss of QR 2.4 Million for the corresponding period last year, the company said in a statement published on the (Qatar Exchange) website.    The Company's loss per Share (LPS) amounted to QR 0.308 for the period ended September 30, 2011 versus QR 0.206 for the corresponding period in 2010. Qatar German for Medical Devices was founded in 2000. It is a leading manufacturer of Medical Devices in the Middle East. The company engages in the manufacture and sale of single use disposable syringes. It also offers disposable hypodermic needle and intravenous cannula.