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Qatar National Cement posts $122m profit in 2011

by CW Staff on Feb 8, 2012

Qatar National Cement posted a 5% decline in net profits for 2011. Photo: ITP.

Qatar National Cement Company posted a $122m net profit for 2011, 5% down on results for 2010.

In a statement to the Qatar Exchange, the company also said earnings per share also reduced 5% to QAR9.06 from QAR9.51.

The board of directors recommended to distribute a cash dividend of 60% equivalent to QAR6 per share.

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