30-01-2025
Mesaieed Petrochemical Holding Co discloses the interim financial statement for the twelve-month period ending 31st December , 2024 . The financial statements revealed a Net Profit of QR 718,747,000 in comparison to Net Profit QR 1,082,690,000 for the same period of the previous year.
The Earnings per share(EPS) amounted to QR 0.057 as of 31st December , 2024 versus Earnings per share(EPS) QR 0.086 for the same period in 2023.
The Board of Directors recommends a dividend of QR 0.03 per share for the second half of 2024, bringing the total dividend for the year to QR 0.057 per share. This equates to a payout ratio of 100% of net earnings for 2024 and represents 5.7% of the nominal share value.