Doha, Qatar – Industries Qatar saw a nine-percent increase in its net profits for 2022, recording QR 8.8 billion ($2.39 billion) versus QR 8.1 billion ($2.17 billion) in 2021, the highest ever net profits since the company was established in 2003.
The conglomerate’s Earnings Per Share (EPS) recorded QR 1.46 on December 31, 2022 compared to QR 1.34 for the same period of the previous year.
The company’s board recommended cash dividend of QR 1.1 per share, equivalent to 110 percent of the nominal value of the share.
Incorporated as a Qatari joint stock company on April, 19, 2003, Industries Qatar has a share capital of QR 6,050 billion.
