Doha – Mubasher: The financial results of Islamic Holding Group, released on Thursday, showed a drop of 62.1% profit for 2015.

Net profit reached QAR 6.11 million in 2015, versus QAR 16.1 million in 2014. Meanwhile, earnings per share slid to QAR 1.53 from QAR 4.02.

The company’s board recommended cash dividends at 15% of the share’s par value, equivalent to QAR 1.5 a share.

The Qatar-listed company earlier reported a net profit of QAR 5.8 million in the first nine months of 2015, compared to QAR 12.1 million in the same period of 2014.