Doha – Mubasher: Salam International Investment Ltd posted on Monday a net profit of QAR 32.1 million in the first quarter of fiscal 2016, 8.8% from QAR 29.5 million ($8.1 million) in Q1-15.
Earnings per share reached QAR 0.28 ($0.08) in the three-month period, against QAR 0.26 ($0.07) in the same period of 2015, according to a bourse filing.
The company’s profits reached QAR 123.9 million ($34.02 million) in 2015, versus QAR 78.3 million ($21.50 million) in 2014.
Salam International’s shareholders earlier approved the board of director’s proposal to distribute cash dividends at 10% of the capital or QAR 1 ($0.27) per share for the fiscal year 2015.
