Gulf International Services Net Profit in 2016 Fall 91.6% to QR 67 Million

 The Board of Directors recommended a dividend of QR 1 per share

 

February 06, 2017

 

Gulf International Services disclosed its financial statements for the period ended on 31.12.2016. The statements show that the net profit is QR67 million compared to net profit amounting to QR801 million for the same period of the previous year.

 

Earnings per Share (EPS) amounted to QR0.36 for the period ended December 31, 2016 compared to EPS amounted to QR4.31 for the same period of the previous year.

 

The Board of Directors of the company recommended a dividend of QR 1 per share for the period. The Board also approved the calling to convene an Ordinary and Extraordinary General Assembly Meetings of the shareholders on Sunday 26th of February 2017. Agenda items and meeting details will be provided later.