Gulf International Reports QR 464.3 Million in Net Profit

Doha, February 26 (QNA) - Gulf International Services Company announced the financial statements for the year ended December 31, 2012. The financials revealed a net profit of QR 464.3 million in 2012 versus QR 283 million in 2011. The Company s Earnings per Share (EPS) in 2012 amounted to QR 3.12 versus QR 1.90 in 2011. The Board of Directors recommended a dividend payout per share of QR 1.5, representing 15% of nominal value. Gulf International Services Q.S.C. (GIS) was incorporated as a Qatari shareholding company on 12 February 2008, by Qatar Petroleum (QP), a wholly-owned Qatari government company. (QNA)