Doha – Mubasher: The Commercial Bank of Qatar (CBQ) announced on Thursday that its financial statements of the first quarter of 2016 will be announced on 19 April.
CBQ’s profits declined last year by 24.7% to QAR 1.46 billion ($400.99 million) in 2015 from QAR 1.94 billion ($532.82 million) in 2014.
The bank’s shareholders earlier approved cash dividends at 30% or QAR 3 ($0.82) per share for the fiscal year 2015.
The Qatar listed bank’s stock shrank today by 0.60% to QAR 41.77 ($11.47).