CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar Islamic Insurance reports net profit of QR101m for 2022

Published: 14 Feb 2023 - 11:38 am | Last Updated: 14 Feb 2023 - 11:39 am

QNA

Doha: 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 QR 101,098,580 in comparison to a net profit of QR83,079,297 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 QR0.55 for the same period in 2021, the company said in a statement posted on QSE website.The Board recommended the distribution of cash dividends of 45 % from the share par value i.e. QR0.45 for each share for the year 2 022, it added.