By: Eslam Salem
Doha – Mubasher: Qatari Investors Group’s approved on Sunday a proposal by the company’s board of directors to distribute cash dividends at 12.5% or QAR 1.25 ($0.34) per share.
During the company’s ordinary general meeting (OGM), shareholders also adopted the company’s balance sheet and the profit and loss account of the fiscal year 2015.
The company’s profit increased in 2015 to QAR 251.9 million ($69.173 million) from QAR 227.1 million ($62.36 million) in 2014.
Earnings per share came to QAR 2.03 ($0.56) in 2015, versus QAR 1.83 ($0.50) in 2014.
“The groups investments in 2015 made revenues of QAR 685.9 million ($188.35 million) thanks to investing in several sectors,” chairman, Abdullah Al Misnad, said.
Translated by: Elwy el-Manzalawy
