GISS swings to 2015 net loss
Gulf International Services announced its financial results for the year ended December 31, 2015, with revenues of QAR4.2bn, representing a 6.6% increase over last year.GISS reported a net profit of SAR801.4M for 2015, compared with the SAR1.41bn recorded during the previous year (-43.2%). GISS’s board has proposed a cash dividend of SAR1 per share for 2015. This compares with a recommended dividend of SAR5.5 per share for the year before.
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