QNB Discloses Financial Statements and Net Profit for the year 2019 and Recommends Distribution of 60% as Cash Dividends…

 Return on the Stock is 1.45 Riyals and Holds the Investor Relations Conference Call on 16 January 2020

14 January 2020

QNB Group disclosed its financial statements for the period ended on 31 December 2019, where its net profit reached QAR 14.4 billion, with a rise of 4% against the net profit of 13.8 billion riyals for the same period in the previous year 2018.

Earnings per share reached QAR 1.45 for the financial period ended on 31 December 2019, compared to the return per share of QAR 1.44 for the same period in 2018.


The Board of Directors has also decided to recommend to the General Assembly to distribute the cash dividends to shareholders at a rate of 60% from the nominal value of the share (by 0.60 riyals per each single share), in addition to pointing out that the financial statements and the proposal dividends’ distribution are subject to the approval of Qatar Central Bank.

QNB has also announced that the investor relation conference call for disclosing the financial results of the year 2019, will be held on 16 January 2020 at 12:30 noon (Doha time).