Doha, February 13 (QNA) - Gulf International Services Company increased its Net Profit in 2022 more than four folds, reaching a Net Profit of QR 290,164 million in comparison to Net Profit QR 54,182 million for the same period of the previous year.

The company's issued figures published on the Qatar Stock Exchange website on Monday show that the earnings per share (EPS) amounted to QR 0.156 as of Dec. 31, 2022, compared to EPS of QR 0.029 for the same period in 2021.

The Board of Directors recommended a cash dividend distribution for the year 2022 amounting to QAR 0.1 per share, which is 10 percent of the nominal value of share, subject to the approval of the General Assembly.

The Gulf International Services Company was established on Feb. 12, 2008, with a capital of QR 1,858,000,000.

(QNA)