Qatar Industrial Manufacturing Net Profit in 2016 Rise 15% to QR 193.8 Million

Board recommended distributing a cash dividend of QR 3 per share

 

February 8, 2017

 

Qatar Industrial Manufacturing Company disclosed its audited financial statements for the period ended on 31st December 2016. The statement shows that the net profit is QRs 193,878,952 compared to net profit QRs 168,831,142 for the same period of the previous year.

 

Earnings per share (EPS) amounted to QRs 4.08 for the period ended 31st December 2016 to EPS amounted to QRs 3.55 for the same period of the previous year.

 

Adoption of the Board of Directors' resolution to distribute (30% of nominal shares) as dividend for the financial year ending December 31st, 2016.