Qatar Oman Investment Co. in 2016 Drop 27% to QR 13.37 Million

The Board recommended distributing cash dividend of 50 Dirhams per share

 

February 15, 2017

 

Qatar Oman Investment Co. disclosed its financial statements for the period ended on December 31, 2016. The statements show that the net profit is QR   13,374,260 Compared to net profit amounting to QR   18,341,064 For the same period of the previous year.

 

Earnings per Share (ESP) amounted to QR 0.425. For the period ended on December 31, 2016 compared to ESP amounted to QR 0.582 for the same period of the previous year.

 

The boards decided to recommend to the Ordinary General Assembly of the company distributing dividends to shareholders by 5% of any cash dividend equivalent to 50 dirhams per share