Doha – Mubasher: Qatar Islamic Insurance Company said Wednesday that its financial statements for the first quarter of fiscal 2016 will be announced on 20 April.

The Qatar-listed insurer earlier posted QAR 81.99 million ($22.52 million) net profit for FY15, up from QAR 73.38 million ($20.15 million) a year earlier.

The company’s shareholders approved cash dividends at 40% of capital or QAR 4 ($1.10) per share for the fiscal year 2015.

The stock shrank by 1.49% to QAR 66.19 ($18.18) by mid trading on Wednesday.