Aamal Net Profit Up 8.3% to QR500.9 Million;
Board Recommends 6% in Cash Dividend
February 28, 2018
Aamal disclosed its financial statements for
the period ended 31/12/2017, showing a net profit of QR500.9
million, an increase of 8.3% compared to QR462.3 million for the
same period last year.
The company’s earnings per share recorded
QR0.80 for the fiscal year ended 31/12/2017 compared to QR0.73
in 2016.
The Board of Directors recommended the
General Assembly to distribute 6% of the nominal value of the
share in cash dividends (i.e. QR0.60 per share). This
recommendation is subject to the approval of the General
Assembly, which will be held on 22 April 2018.
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