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FINANCIAL NEWS
Qatar-Mannai confirms 40pct dividend
23 Mar 2017
(MENAFN) The general assembly meeting of Maanai Corporation has confirmed the board of directors’ recommendation to distribute a cash dividend of 40 percent.
Accordingly, over the last 10 years the whole assets of the group has increased from QR1bn to almost QR8bn today.
In addition, the Group turnover reached QR4.88bn at the end of 2016, while net profit for the whole year reached QR535mn.
Furthermore, the Group’s overseas ops contributed 44.53 percent of the total income of the Group.
MENAFN2303201700450000ID1095337357
MENAFN2303201700450000ID1095337357
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