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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