Doha – Mubasher: Industries Qatar Company set 24 February for its ordinary general meeting (OGM) to discuss a proposal to distribute cash dividends at 50% of the share’s par value or QAR 5 per share for the fiscal year 2015.
The company set 29 March as an alternative date for the meeting in case the quorum is not present.
Industries Qatar’s net profit declined 29.9% year-on-year or QAR 1.8 billion to QAR 4.4 billion in 2015.
The Qatar-listed company’s share rose in yesterday’s session by 0.77% to QAR 104.88.