Doha: The net profits of Qatar General Insurance and Reinsurance Company, a Qatar public joint-stock company, reached QAR 28,963,000 in 2024. This marks a significant turnaround from a net loss of QAR 1,465,982,000 in 2023.
According to Qatar News Agency, the financial statements issued by the company and published by Qatar Stock Exchange on Sunday revealed that earnings per share (EPS) amounted to QAR 0.033 as of December 31, 2024. This is in contrast to a loss per share of QAR 1.675 for the same period in 2023.
The Board of Directors proposed to the Ordinary General Assembly not to distribute dividends.