Salam International discloses 2011 financials

Salam International has disclosed the financial statements for the year ended December 31, 2011. The financials revealed a net profit of QR 158.9 million in 2011 versus QR 140.3 million in 2010 and the Earnings per Share (EPS) amounted to QR 1.53 in 2011 compared to QR 1.35 in 2010, it said in a statement published on the (Qatar Exchange) website. The Company also recommended a profit distribution in the form of 10% cash dividends and 10% in bonus shares subject to the Ordinary General Assembly approval which will take place on February 19, 2012.  Salam International Investment Limited (SIIL) is a leading conglomerate pursuing a highly focused approach of establishing, incorporating, acquiring, and owning enterprises.