Mubasher: Qatar Cinema and Film Distribution Company's financial statement showed an increase in its profits for the fourth quarter of 2017.
Profits amounted to QAR 317,000 in Q4-17, compared losses of QAR 3.31 million in the same quarter a year earlier, according to a filing to the Qatar Stock Exchange (QSE) on Wednesday.
As for the year ended 31 December 2017, the company’s profits jumped 81.9% to QAR 7.82 million from QAR 4.29 million in the previous year.
Earnings per share (EPS) amounted to QAR 1.24 last year versus QAR 0.68 in the same period in 2016.
The board recommended distributing cash dividends of 10% of the share's nominal value, with a per-share dividend of QAR 1, the statement showed.
