Gulf Warehousing Discloses Financial Statements for
2016 and Holds AGM on 30/01/2017
January 08, 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 205millionin
2016 versus QAR 185 million in 2015.
The Company’s Earnings Per share (EPS) amounted to QR
3.54 in 2016 compared to QR 3.85 in 2015.
The Board also recommends to the General Assembly a
cash dividend distribution of QAR 1.60(16%)
for each share for 2016.
The Company’s Board of Directors invites shareholders
to attend the Assembly General Meeting of
the company on Monday 30th January 2017 at
6:30 pm in the Four Seasons Hotel, to
discuss the agenda of the General Assembly
meeting. In case of the required quorum is
not achieved, a second meeting will take
place on Wednesday 08th February
2017, at the same venue and time.