Mubasher: Mesaieed Petrochemical Holding Company on Wednesday announced that its ordinary general assembly approved distributing a cash dividends of QAR 0.7 per share, which represents 7% of the share nominal value.

Over the full year 2017, the company’s profits rose to QAR 1.1 billion, according to the company’s statement to the Qatar Stock Exchange (QSE).

By 09:50 am Qatar time, Mesaieed’s stock topped the QSE’s losers falling 6.99% to QAR 13.30.