Medicare Group Net Profit in 2016 Drop 64% to QR 65
Million
Board
of Directors recommended distributing cash
dividend of QR 3 per share.
February 08,
2017
Medicare Group disclosed its financial
statements for the period ended on
31.12.2016. The statements show that the net
profit is QR65 million compared to net
profit amounting to QR180.3 million for the
same period of the previous year, 64%
decrease.
Earnings per Share (EPS) amounted to QR2.31
for the period ended December 31, 2016
compared to EPS amounted to QR 6.41 for the
same period of the previous year.
The Board of Directors of the company
recommended distributing a cash dividend of
QR 3 per share.