Qatar National Cement Profits in 2016 Rise 2.5% to QR
475.1 Million
January 26, 2017
Qatar National Cement's net profit is QR
475.1 compared to QR 463.5 for the same
period of the previous year. Earnings
per Share (EPS) amounted to QR 8 against
QR 7.80 for the same period of the
previous year.
The Group's
Comment
Qatar National Cement's total income
settled at QR473 million in 2016,
slightly down compared to the previous
year; while other sources of income
increased to QR 41.9 million. Expenses
went up to QR 46.5 million. Adding the
company’s share of profit from other
companies worth QR 6.7 million, then the
company's profit of this year rises 2.5%
to QR 475.1 million, while comprehensive
income remains at the level of QR 470.3
million.