The Chairman of the Board of the Qatari Telecommunication Company (QTEL), Sheikh Abdullah Bin Mohammed Al-Thani, stated that QTEl’s profits grew to 863 million Qatari Riyals ($237 million) in 2001, up from QR 725 million in 2000, reported ksaToday . Sheikh Al-Thani added that this profit growth enables the company to distribute dividends to stockholders equivalent to 60 percent of the stock book value. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
