05-02-2025
Qatar Electricity & Water Co. discloses the interim financial statement for the twelve-month period ending 31st December , 2024 . The financial statements revealed a Net Profit of QR 1,416,044,000 in comparison to Net Profit QR 1,551,436,000 for the same period of the previous year.
The Earnings per share(EPS) amounted to QR 1.29 as of 31st December , 2024 versus Earnings per share(EPS) QR 1.41 for the same period in 2023.
The Board of Directors recommends a dividend of QAR 0.53 per share for the second half of the year, bringing the total dividend to QAR 0.78 per share during the year, or equivalent to 78% of the share's nominal value.