Aamal Net Profit Down 17.4% to QR 347.6 Million in 2018

February 27, 2019

Aamal released its financial statements for the period ended 31/12/2018, showing a net profit of QR 347.6 million, a decrease of 17.4%, compared to QR 421.0 million for the year 2017.

Aamal’s earnings per share amounted to QR 0.71 for the financial year ended 31/12/2018, versus QR 0.80 for the corresponding period of 2017.

The company’s Board of Directors recommended the distribution of cash dividends at a rate of 6% of the nominal value of the share (QR 0.60 per share) subject to approval at the General Assembly meeting on 15 April 2019.

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