Gulf Warehousing Company Discloses Its Financial Statements for Year Ended 2016

January 05, 2017

Gulf warehousing company has disclosed the audited financial statements for the year ended December 31, 2016. The Audited financials revealed a net profit of QAR 205 million in 2016 versus QAR 185 million in 2015.

The Company’s Earning Per share (EPS) amounted to QR 3.54 in 2016 compared to QR 3.60 in 2015.

The Board also recommends to the General Assembly a cash dividend distribution of QAR 1.60(16%) for each share for 2016.