Qatar National Cement advances via construction boom
The QE 20 Index fell by 0.47 per cent to 11,245.86 points on Monday, January 27. Doha Insurance lost the most, ending down by 3.02 per cent to QAR30.50. Qatar National Cement Co. closed 0.50 per cent higher at QAR119.60. Earlier in the day, the company said that the financials for 2013 revealed a net profit of QAR436 million versus QAR425.3m in 2012. The earnings per share amounted to QAR8.88 in 2013 compared with QR 8.66 in 2012. The board of directors has proposed a dividend of QAR6 per share (60 per cent of the nominal value of the share).