The net profits of the International Services Company /(Qatar General Joint stock company) jumped 94 percent in the year 2024 to 711 million riyals, compared to 366.283 million riyals in the year 2023.
Data issued by the company published on the Qatar Stock Exchange website today showed an increase in the return on the stock in the period ending on December 31, 2024 to reach 0.383 riyals in exchange for a profit for the share, amounting to 0.197 Qatari riyals for the same period of the previous year.
The Board of Directors recommended the distribution of cash dividends for the year 2024 at a value of 0.17 Qatari riyals per share. This is equivalent to a distribution rate of 44 percent of the net profit for 2024 and represents 17 percent of the nominal value of the share.
Commenting on the results of the company, His Excellency Sheikh Khalid bin Khalifa Al Thani, Chairman of the Board of Directors of the International Services, said that the company has succeeded in consolidating its competitive position, enhancing operational efficiency, achieving a sustainable value for shareholders by benefiting from the favorable macroeconomic environment and implementing priorities to the fullest face.