Doha Insurance Company has disclosed the audited financial statements for the year ended December 31, 2012. The audited financials revealed a net profit of QR 60.28 million in 2012 versus QR 65.84 million in 2011.
The company’s EPS amounted to QR 2.58 in 2012 compared to QR 2.81 in 2011.
The Board of Directors has also decided to submit a proposal to the General Assembly Annual Meeting , to ratify a proposal for distribution of cash dividends of 10% from the share par value i.e. QR.1.00 (one riyal) for each share, in addition to bonus shares at 10% of the present capital i.e. one bonus share for each ten shares
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