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.