QNB Net Profit Rises 5% to QR 13,8 Billion, Recommends Cash Dividends of 60% (6 Riyals)

January 15, 2019

QNB Group disclosed its financial statements for the year ended 31 December 2018. The financial statements show that the net profit is QR 13.78 Billion compared to net profit amounting to QR 13.12 Billion for the same period of the previous year.

The Earnings per Share (EPS) amounted to QR14.4 for the year ended 31 December 2018 compared to an EPS of QR 13.7 for the same period of the previous year.

The Board of Directors has recommended a cash dividend of 60% of the nominal share value (QAR6.0 per share). The financial results for 2018 along with the profit distribution are subject to QCB approval.

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