Qatar National Cement announces 10% rise in 2015

Doha – Mubasher: The adjusted financial statements of Qatar National Cement Company showed a 10% rise in its annual profit for the fiscal year 2014/15.

Net profit reached QAR 463.5 million last year, compared to QAR 420.3 million in 2014.

Earnings per share came to QAR 8.58, versus QAR 7.78.

The company’s board recommended cash dividends at 40% of the share’s par value, and bonus shares at 10%.

The Qatar-listed company earlier reported a net profit of QAR 359 million in the first nine months of 2015, versus QAR 332 million in the same period of 2014.

MUBASHER Contribution Time: 21-Jan-2016 06:22 (GMT)