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Company News

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Masraf Al Rayan’s 2022 profit dips by 22%

Masraf Al Rayan's 2022 profit dips by 22 percent in 2022.
By TRENDS Desk
January 30, 2023 11:37 am
  • The figures issued by the bank show a decrease in the earnings per share to QR 0.140 per share in 2022
  • The company has recommended a cash dividends of 10 percent of the nominal value of a share

Doha, Qatar – The net profit of Masraf Al Rayan, a Qatari public shareholding company,  declined by 22 percent at the end of 2022, to reach QR 1.34 billion ($0.36 billion), compared to QR 1.718 ($0.46 billion) in the same period of the previous year.

The figures issued by the bank show a decrease in the earnings per share to QR 0.140 per share in the period ending on December. 31, 2022, compared to QR 0.218 in the period from 2021.

The company has recommended a cash dividends of 10 percent of the nominal value of a share. 

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