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Al Mahhar Holding Net Profit Surges in 2024


Doha: Al Mahhar Holding on Monday disclosed its interim financial statement for the twelve-month period ending Dec. 31, 2024. The financial statements revealed a net profit of QR 38,078,553 in comparison to net profit QR 28,165,317 for the same period of the previous year, according to a press statement published on Qatar Stock Exchange website.



According to Qatar News Agency, the Earnings per Share (EPS) amounted to QR 0.18 as of Dec. 31, 2024, versus Earnings per Share (EPS) QR 0.14 for the same period in 2023. The Board of Directors has recommended distributing cash dividends to shareholders at a rate of 11% for the year 2024 from the nominal value of the share, equivalent to 0.11 Qatari Riyal per share.

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