Qatar Islamic Insurance's Profit Drops 22.5% to QR36.5 Million in 2016

 

February 12, 2017

 

Qatar Islamic Insurance Co. disclosed its financial statements for the period ended on 31.12.2016. The statements show that the net profit is QR 63,502 Million Compared to net profit amounting to QR 81,988 Million for the same period of the previous year.

 

Earnings per Share (EPS)amounted to QR 4, 23 in the period ended 31.12.2016 compared to EPS amounted to QR 5, 47 for the same period of the previous year.

 

The Board recommended distribution of Cash Dividends of 30 % from the share par value i.e. QR 3 for each share for the year 2016.