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Al Qudra Holding reports AED 206 Million profit in 2015 and announces distribution of 8% cash dividend

During the company’s annual general meeting, Al Qudra Holding has presented the full activity report for the financial year ending December 31,2015, and revealed the great achievements the company has accomplished on all levels, marked by an increase in total revenue form Dh 1.557 Million in 2014 to Dh 1.598 Million 2015. The company achieved net profit of Dh 206 Million for 2015, compared to Dh 105 million net profits in 2014, which reflected on the net revenue per share that surged to 34.4 fils per share in 2015, with an increase of 96% compared to 17.6 fils per share in 2014. The shareholders welcomed the 8% cash dividend distribution for the year 2015, in comparison with the 7% dividend for the year 2014.