Industries Qatar Net Profit in 2016 Drop 33.8% to QR 2955 Million 

The Board recommended a dividend of QR 4 per share

 

February 02, 2016

 

Industries Qatar disclosed its financial statements for the period ended on 31.12.2016. The statements show that the net profit is QR2,955.0 million compared to net profit amounting to QR4,468.7 million for the same period of the previous year.

 

Earnings per Share(EPS) amounted to QR4.88 for the period ended December 31, 2016 compared to EPS amounted to QR7.39 for the same period of the previous year.

 

The Board of Directors of the company recommended a dividend of QR 4 per share for the period.

 

The Board also approved the calling to convene an Ordinary and Extraordinary General Assembly Meetings of the shareholders on Tuesday 28th of February 2017.