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Qatar General Insurance & Reinsurance Company discloses the adjustment of the annual financial statements of 2021

13 April 2022

 

Pursuant to Qatar General Insurance & Reinsurance Company disclosure of the annual financial statements for the twelve-month period ended 31 December 2021 on 03 March 2022, the Company discloses the adjustment of the annual financial statements for the period ended 31 December 2021 with regard to adjusting the comparison figures to include the Takaful policyholders’ surplus in 2020 profits.

The financial statements reflected a net profit of QR 98,734,000 for the twelve-month period ending 31 December 2021 in comparison to net profit of QR 143,251,000 for the same period of the previous year.

The Earnings Per Share (EPS) amounted to QR 0.113 as of 31 December 2021, versus Earnings Per Share QR 0.164 for the same period of the previous year.

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