16/02/2011 00:00 AST

Qatar Industrial Manufacturing Company (QIMC) announced a net profit of QR 202.6 million for financial year ended December 31, 2010 compared to QR 145 million for the previous year. The company''s Earnings Per Share (EPS) for 2010 is QR 5.63 compared to QR 4.03 in 2009, a QIMC statement published by Qatar Exchange Wednesday said. The Board of Directors approved the General Assembly''s recommendation to distribute 25% cash dividend and 10% bonus share of the nomial value of share. QIMC was established in 1990 and listed on Qatar Exchange in 1997. The company''s scope of work includes investing in industrial projects in Qatar and abroad marketing the company''s products.


QNA

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The Peninsula

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IQ net profit grows almost 12% to QR3.3bn

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Industries Qatar (IQ), one of the region's industrial giants with interests in the production of a wide range of petrochemical, fertilizer and steel products, reported a net profit of QR3.3bn and ear

The Peninsula

Ticker Price Volume
QIMD Sector Market
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ALPHADHABI 9.39 0.03 (0.32%)
IQCD 12.06 -0.03 (-0.25%)
MODON 3.40 0.03 (0.89%)
ADNOCLS 5.75 0.05 (0.87%)
ADPORTS 4.49 -0.01 (-0.23%)
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