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DOHA: Islamic Holding Group has posted net profits to the tune of QR4m. The earnings per share (EPS) was QR1 and total revenues were QR14.2m.
The Board of Directors has decided to recommend to the General Assembly to disburse a cash dividend of 13.34 percent of the paid up capital.
Islamic holding is now working to establish new companies in line with its expansion strategy and plans to contribute effectively to the Qatar economy.
Islamic holding looks towards to bigger growth this year and in the coming years as well because there are many projects in Qatar that can add value to the country in particular and companies such as Islamic Holding, in particular. And also, the Qatar economy is very strong now. The selection of Qatar as hosts for 2022 FIFA World Cup provides new opportunities across a slew of projects, a press statement issued by the company said yesterday. THE PENINSULA