Doha – Mubasher: Gulf Warehousing Company reported on Wednesday a net profit of QAR 185 million in 2015, versus QAR 140 million in 2014, with a growth of 32.1%.
Earnings per share rose to QAR 3.89 in 2015, against QAR 2.95 in the previous year, according to the company’s financial statements.
The company’s board recommended cash dividends at 10% of the share’s nominal value, or QAR 1.5 a share, and set 14 February for an ordinary and extraordinary general meetings, and 17 February as an alternative date for the two meetings.
The board will discuss raising the limit of foreign ownership to 49% from 25%.
