ID :
159071
Sun, 02/06/2011 - 10:50
Auther :
Shortlink :
https://oananews.org//node/159071
The shortlink copeid
Qatar General Insurance Reports QR119.4 Net Profit for 2010
Doha, February 06 (QNA) - Qatar General Insurance made a net profit of QR 119.4 million, the company reported in its audited financial report for the year ended December 31, 2010.
The company s Earnings Per Share (EPS) was QR 3.74 in 2010 compared to QR 4.26 in 2009, a Qatar Exchange bulletin reported Sunday.
The net profit (restated) was 2009 was QR 136.2m. The company will distribute 15% cash dividend (QR 1.5 per share)and 40% bonus shares (one share for every 2.5 shares).
The Board of Directors will submit a proposal to the General Assembly to be held March 8 to ratify the distribution of cash dividends and bonus shares.
The company s Earnings Per Share (EPS) was QR 3.74 in 2010 compared to QR 4.26 in 2009, a Qatar Exchange bulletin reported Sunday.
The net profit (restated) was 2009 was QR 136.2m. The company will distribute 15% cash dividend (QR 1.5 per share)and 40% bonus shares (one share for every 2.5 shares).
The Board of Directors will submit a proposal to the General Assembly to be held March 8 to ratify the distribution of cash dividends and bonus shares.
