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Business

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QII records profit in 2022

A front view of the Qatar Islamic Insurance Company building in Doha.
By TRENDS Desk
February 14, 2023 9:57 am
  • The earnings per share (EPS) amounted to QR 0.67 as of December 31, 2022 versus EPS QR 0.55 for the same period in 2021
  • The board recommended the distribution of cash dividends of 45 % from the share par value i.e. QR 0.45 for each share for the year 2022

Doha, Qatar–Qatar Islamic Insurance disclosed the interim financial statement for the twelve-month period ending December 31, 2022. The financial statements revealed a net profit of $28 million in comparison to a net profit of $23 million for the same period of the previous year.

The Earnings per share (EPS) amounted to QR 0.67 as of December 31, 2022 versus EPS QR 0.55 for the same period in 2021, the company said in a statement posted on Qatar Stock Exchange website.

The Board recommended the distribution of cash dividends of 45 % from the share par value i.e. QR 0.45 for each share for the year 2022, it added.

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