Doha – Mubasher: Qatar Insurance Company announced Sunday that its financial statements for the first quarter of 2016 will be announced on 19 April.
The company’s profits rose last year by 4.2% to QAR 1.043 billion ($286.4 million) from QAR 1.001 billion ($274.9 million) in 2014.
Qatar Insurance’s shareholders earlier approved cash dividends at 25% of the stock’s par value and 1-for-10 bonus shares for the fiscal year 2015.
The Qatar-listed company’s stock declined in today’s early trading by 1.81% to QAR 81.4 ($22.36) as 2,200 shares were exchanged at QAR 176,800 ($48,568).
