Posted on January 21, 2017

Qatari Investors Group reported a 14.1 percent fall in fourth-quarter net profit on Thursday, according to Reuters calculations.

Net profit of 56.7 million riyals ($15.6 million) in the three months ending Dec. 31 versus 66 million riyals a year earlier. Reuters calculations based on financial statements in lieu of a quarterly breakdown. Qatari Investors Group's 12-month net profit was 277.0 million riyals, up from 252.0 million riyals a year ago, a bourse statement said. Board proposes annual dividend of 1 riyal per share, compared to 1.25 riyal per share for the previous year, according to Thomson Reuters data. 

source: Reuters