Qatar General Insurance Net Profit in 2016 Drop 76.3%
to QR 219.3 Million
The
Board recommended distributing a cash
dividend of QR 1.5 per share
February 15,
2017
Qatar General Insurance & Reinsurance
Company disclosed its financial statements
for the period ended on 31.12.2016. The
statements show that the net profit is QR
219.3 million compared to net profit
amounting to QR 925.7 million for the same
period of the previous year.
Earnings per Share (EPS) amounted to QR 2.51
for the period ended December 31, 2016 to
EPS amounted to QR 10.58 for the same period
of the previous year.
The Board of Directors have proposed in its
meeting held on the 15th February 2017 a
cash dividend of 15% of the nominal share
value (QAR 1.5 per share) for the year ended
31 December 2016.