Mubasher: Salam International Investment on Monday reported QAR 86.16 million losses in the fourth quarter of 2017 compared to QAR 49.52 million in profits in the same period a year earlier.
Losses amounted to QAR 89.92 million in 2017, versus profits worth QAR 119.72 million in the previous year, according to the company’s financial statement on the Qatar Stock Exchange (QSE).
Losses per share stood at QAR 0.88 during 2017, versus QAR 1 earnings per share (EPS) a year earlier.
In the first nine months of 2017, the company’s losses reached QAR 3.76 million against QAR 70.2 million in profits in the same period the year before, according to the statement.
Moreover, the board did not recommend the distribution of any dividends.
