29-01-2025
Qatar Aluminum Manufacturing discloses the interim financial statement for the twelve-month period ending 31st December , 2024 . The financial statements revealed a Net Profit of QR 614,482,000 in comparison to Net Profit QR 446,009,000 for the same period of the previous year.
The Earnings per share(EPS) amounted to QR 0.11 as of 31st December , 2024 versus Earnings per share(EPS) QR 0.08 for the same period in 2023.
The Board of Directors recommends a dividend for the second half of 2024 of QR 0.05 per share, bringing the total dividend for the year to QR 0.08 per share. This equates to a payout ratio of 73% of net earnings for 2024 and represent 8% of the nominal share value.