Qatar Electricity & Water Discloses Its
Financial Statements for 2016
February 01, 2017
Qatar Electricity and Water Company
disclosed its financial statements for
the year ended on 31.12.2016. The
statements show that the net profit is
QR 1,542 million compared to net profit
amounting to QR1,501million for the same
period of the previous year.
Earnings per Share (EPS) amounted to QR
14.02 for the year ended December 31,
2016 compared to QR 13.64 for the same
period of the previous year.
The Board has decided to offer a
recommendation to the General Assembly
to approve the distribution of cash
dividends to shareholders, equivalent to
75% of the nominal value of the shares.
The General Assembly will be held on
Monday, March 6, 2017 at The Doha
Sheraton - Hotel.