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Industries Qatar profits hike 12% in 2017

Industries Qatar profits hike 12% in 2017
EPS amounted to QAR 5.48 for the period ended 31 December 2017
Industries Qatar
IQCD
-0.17% 11.97 -0.02

Mubasher: Industries Qatar announced that its net profits surged 12% to QAR 3.3 billion in 2017, up from QAR 2.9 billion a year earlier, according to the company’s statement to the Qatar Stock Exchange (QSE).

Earnings per share (EPS) amounted to QAR 5.48 for the period ended 31 December 2017 compared to QAR 4.88 in the same period, the year before.

The company’s board recommended a dividend of QAR 5 per share for 2017 profits, according to the statement.