Qatar's QIMC hits USD44.15 million profit in 2014


(MENAFN) Qatar Industrial Manufacturing Company (QMIC) has registered a net profit of USD29.33 million for the financial year ended December 31, 2014 compared with USD38.86 million in 2013, QNA reported.

The company's earnings per share (EPS) increased to USD0.930 compared USD0.817 for the same period of 2013, QIMC Chairman of Board said.

QIMC's assets grew to USD475.3 million, up 9.7 percent compared with 2013 and the total equity of the company's shareholders increased to USD413.5 million compared with USD370.4 million in representing a growth of 11.6 percent.

The company directors have recommended 30 percent divided.


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