MAZAYA QATAR DISCLOSES 2013 FINANCIALS WITH QR 134 MILLION

IN NET PROFIT AND RECOMMENDS 7.5% CASH DIVIDEND

24/03/2014 09:58 AST

Mazaya Qatar Real Estate Development Company discloses the financial statements for the year ended December 31, 2013. The financials revealed a net profit of QR 134 Million in 2013 versus QR 62.8 Million in 2012 and the Earnings per Share (EPS) amounted to QR 1.34 in 2013 compared to QR 0.63 in 2012.

The Board of Directors has proposed cash dividends of 7.5% subject to the General Assembly approval or Q.R 0.75 for every share.


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