Qatar Industrial Manufacturing Co. Net
Profit Drops 2.8% to QR 200.28 Million in 2018
February 10, 2019
Qatar Industrial Industries Company
(QIMC) disclosed its financial statements for the period ended
31/12/2018, showing a net profit of QR200.28 million, a decrease
of 2.8%, compared to QR206.18 million for the same period last
year.
QIMC’s earnings per share reached
QR4.21 for the fiscal year ended 31/12/2018, versus QR4.34 for
2017.
The Board recommended the Ordinary
and Extraordinary General Assembly of the Company to distribute
dividends at a rate of 25%, i.e. QR2.5 per share.
The company’s Board also decided to
invite shareholders to convene at 4:00pm on Sunday 10/3/2019 at
the Radisson Blu Hotel in Juana Hall. In case the quorum was not
completed, the alternative date will be Sunday 17/3/2019, at the
same time and venue.
|