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Tue 9 Feb 2010 09:52 AM

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Qatar Cement full-year net up 0.8% to $114.6m

Qatari cement company to pay a dividend of QR6 ($1.65) per share for 2009.

Qatar Cement full-year net up 0.8% to $114.6m
CEMENT MAKER: The manufacturing units of the Qatar Cement Co are situated at Umm Bab.(Getty Images)

Qatar National Cement Co full-year net rose 0.8 percent to QR417m ($114.6m), according to a statement on the Doha stock exchange’s website.

According to a Bloomberg newswire report on Tuesday, the company will pay a dividend of QR6 per share for 2009, Qatar National Cement said.

Qatar National Cement Co is a major producer of ordinary portland cement, sulphate resistant cement, hydrated lime, calcined lime and washed sand in Qatar. The manufacturing units of company are situated at Umm Bab, close to rich raw material deposits, 82km away from the Doha, the western coast of Qatar and Al Boaadiat for the washed sand.

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