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Qatar Cinema OKs QAR 1/shr dividends for 2017

Qatar Cinema OKs QAR 1/shr dividends for 2017
The distributed dividend represents 10% of the share’s nominal value
Cinema
QCFS
0.00% 2.91 0.00

Mubasher: Qatar Cinema and Film Distribution Company on Monday announced that its general assembly had approved distributing a cash dividend of QAR 1 for the year ended 31 December 2017.

The distributed dividend represents 10% of the share’s nominal value, according to the company’s statement to the Qatar Stock Exchange (QSE).

For the full-year 2017, Qatar Cinema’s profits surged 81.9% to QAR 7.82 million, compared to QAR 4.29 million a year earlier.