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Aamal's diversified business model demonstrated resilience

Aamal's diversified business model demonstrated resilience
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Aamal total revenue rises to QR1.3bn in 2020

24 Feb 2021 - 8:46
Chairman of Aamal, Sheikh Faisal Bin Qassim Al Thani (left), and Chief Executive Officer and Managing Director of Aamal, Sheikh Mohamed bin Faisal Al Thani
The Peninsula
Doha: Aamal Company (Aamal), one of the Gulf region’s leading diversified companies, has reported a total revenue of QR1.30bn for the year 2020, up 1 percent from QR1.29bn in 2019. The solid performance in revenue generation was powered by the Industrial Manufacturing and Trading and Distribution segments and the company’s resilience and diversification strategy amid the COVID-19 pandemic. The Board of Directors proposed a cash dividend of 4 percent (QR0.04 a share). ....

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