Qatar Insurance Company (S.A.Q.) Discloses Financial Statement For The Year Ended December 31, 2016

 

December 25, 2017

 

Qatar Insurance Company disclosed its Audited financial statements for the year ended 31.12.2016. The statements shows that the net profit is QR 1.03 billion Compared to net profit amounting to QR 1.04 billion for the previous year.

 

The Earnings per Share (EPS) amounted to QR 4.48 for the year ended December 31, 2016 to EPS amounted to QR 4.84 for the previous year.

 

The board recommended Cash Dividends )%15) from the share par value, i.e. QR. (1.5) one and half QR. for each share, in addition to bonus shares of (15%) of the capital i.e (3) three shares for (20) twenty shares ,which will be issued after obtaining the necessary approvals from respective governing bodies.