Qatar- Zad Holding posts QR63.2m net profit


(MENAFN- The Peninsula) Zad Holding Company (ZHC) has posted a net profit of QR63.2m in 2010 as against QR58.9 in 2009, Qatar News Agency (QNA) reported. The earnings per share (EPS) of the company soared to QR6.28 last year as compared to QR5.85 in the previous year. The board has recommended distribution of cash dividend of 25 percent to the shareholders. This works out to QR2.5 per share. The recommendation about dividend payout will be tabled at the annual general meeting (AGM) of the company.


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