Monday, February 4, 2013

Qatari Investors Group and Qatar Islamic Insurance Company disclosed their Financial Statements for 2012

Qatari Investors Group has disclosed the financial statements for the year ended December 31, 2012.  The financials revealed a net profit of QR 152.25 million in 2012 versus QR 73.98 million in 2011.

The company’s earnings per share (EPS) in 2012 amounted to QR 1.22 versus QR 0.60 in 2011.

The Board recommended distribution of Cash Dividends of %7.5 from the share par value, i.e. QR. 0.75 for each share.
Qatar Islamic Insurance Company has disclosed the audited financial statements for the year ended December 31, 2012.The audited financials revealed a net profit of QR 58.3 Million in 2012 versus QR 45 Million in 2011.

The company’s EPS amounted to QR 3.89 in 2012 compared to QR 3.00 in 2011.

QIIC Board of Directors proposed a 35 % Profit Distribution to shareholders, and to be discussed in the next General Assembly Meeting which will be fixed later.

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