13-01-2025
QNB discloses the interim financial statement for the twelve-month period ending 31st December , 2024 . The financial statements revealed a Net Profit of QR 16,716,882,000 in comparison to Net Profit QR 15,511,337,000 for the same period of the previous year.
The Earnings per share(EPS) amounted to QR 1.69 as of 31st December , 2024 versus Earnings per share(EPS) QR 1.55 for the same period in 2023.
Proposed Dividends
The Board of Directors of QNB Group have recommended to the General Assembly the distribution of a cash dividend of 37% of the nominal share value (QAR0.37 per share) for the second half of the year ended 31 December 2024, after taking into account the record net profit reported by QNB Group for the financial year 2024. The total dividend distribution for the year ended 31 December 2024 amounts to 70% of the nominal share value (QAR0.70 per share).
The annual financial results for 2024 along with the proposed profit distribution are subject to Qatar Central Bank (QCB) approval and the General Assembly.