Mesaieed Petrochemical Holding Company’s net profit in 2021 rises by 257% to 1.9 billion riyals and recommends distributing 11% cash dividends
Mesaieed Petrochemical Holding Company announced its annual financial statements for the period ending on December 31, 2021, where the net profit amounted to 1,861,550,000 Qatari riyals, compared to the net profit of 532,213,000 Qatari riyals for the same period last year.
Earnings per share amounted to 0.148 Qatari riyals annually from December 31, compared to 0.042 Qatari riyals for the same period in the previous year.
The Board of Directors recommended the distribution of cash dividends 11% of the nominal value of the shares, equivalent to 0.11 Qatari riyals per share.