Doha Insurance Discloses Its Financial Statement for The Year 2016

 

January 30, 2017

 

Doha Insurance disclosed its financial statements for the period ended on 31/12/2016. The Company’s results revealed net profit of QR72.2 Million for the fiscal year 2016, compared to net profit of QR 111 Million for fiscal year 2015.

 

Earnings per share amounted to QR 1.44 for the period ended 31/12/2016, compared to QR 2.22 for the period ended 31/12/2015.

 

The Board of Directors has also decided to propose a cash dividend of QR 0.60 (Sixty Dirham) per share, the equivalent of 6% of paid-up capital, to the General Assembly at the next Annual Meeting.