QAMCO Records a Net Profit of QR 13.3 Million in the Four Months Ended 31/3/2019

 

April 28, 2019

 

Qatar Aluminum Manufacturing Company (QAMCO) disclosed its financial statements for the four months ended 31 March 2019, showing a net profit of QR 13.3 million and earnings per share of QR 0.02.

 

Proposed Dividend Distribution:

As approved by the General Assembly of the Company on March 13, 2019 regarding the distribution of interim dividends in conjunction with the disclosure of the results of the first quarter of 2019, the Board of Directors decided to distribute interim dividends of QR 0.20 per share, representing 2.0% of the nominal value of the share, For the six month period ended 31 December 2018.

 

The dividend will be distributed on 5 May 2019 based on the shareholders' list as of end of 5 May 2019. Qatar National Bank (QNB) will distribute the dividends.