Qatar National Cement net profit up 10.28%

Qatar National Cement Company (QNCC) reports a net profit growth of 10.28% to QR 463.5 Million for the period ended December 31, 2015 compared to QR 420.3m for the same period in 2014. The cement maker's Earnings per Share (EPS) grew QR 8.58 last year compared to QR 7.78 for the same period in 2014, a Qatar Stock Exchange bulletins says today. QNCC Board of Directors have recommended distribution of 40% cash dividends and 10% bonus shares to the shareholders for the financial year 2015.