QAMCO’s Net Profits Increase by 10 Percent
Doha, February 02 (QNA) – Qatar Aluminum Manufacturing Company Q.P.S.C (QAMCO) announced Thursday a net profit of QR 919.086 million in 2022, a 10.13 percent increase versus 2021’s net profit of QR 834.544 million.
The company, which was established in December, 2018, added in a statement on the Qatar Stock Exchange website that the earnings per share (EPS) amounted to QR 0.165 in 2022 compared to QR 0.150 in 2021.
The board of directors recommended distributing cash dividends to shareholders for the year 2022 at QR0.09 per share, a nine percent of the share’s nominal value. (QNA)