FINANCIAL NEWS

Salam International Profit Down to USD21.48m

08 Feb 2015

(MENAFN) Qatar-based holding company Salam International announced posting a drop of its net profit in for the financial year ended in the 31st of December, 2014, QNA reported.

The holding company’s net profit registered a decline of USD21.48 million in the last fiscal year, which compares to a drop of USD31.23 million recorded in the previous year.

Meanwhile, the Qatari firm’s earnings per share (EPS) dipped to USD0.18 compared to USD0.27 in 2013. The firm’s executives have suggested a cash dividend of USD6 percent.

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