QIIB net profit reaches $320mln with growth rate of 8.3% in 2023
Chairman of QIIB Board of Directors, Sheikh Abdullah bin Thani bin Abdullah Al Thani, announced the bank’s 2023 year-end financial results here yesterday.
These results indicate continued achievement of the Bank’s outstanding growth across various financial performance indicators.
The announcement of the results came after a meeting of the Board of Directors chaired by Sheikh Abdullah bin Thani bin Abdullah Al Thani that discussed the year-end financial statements for the fiscal year, which ended on December 31, 2023.
QIIB achieved a net profit of QR1.16bn, marking a 8.3% growth compared to 2022, with earnings per share reaching QR0.7.
QIIB’s Board of Directors has recommended to the General Assembly of Shareholders the distribution of a cash dividend of QR0.45 per share (equivalent to 45% of the share’s par value).
This recommendation follows the consent of Qatar Central Bank (QCB) approval of the bank’s 2023 financial statements.
No comments:
Post a Comment