Commercial Bank’s net profit in 2021 rises by 77% to 2.30 billion riyals, and it recommends distributing 16% of cash dividends

20-01-2022


Commercial Bank announced its annual financial statements for the period ending on December 31, 2021, where the net profit amounted to 2,304 million Qatari riyals, compared to the net profit of 1,301 million Qatari riyals for the same period in the previous year.
Earnings per share amounted to QR 0.50 per year from December 31, 2021, compared to earnings per share of QR 0.27 for the same period in the previous year.
The Board of Directors proposed a dividend distribution to shareholders in the amount of 0.16 Qatari riyals per share, i.e. 16% of the nominal value of the share.
 


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