CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

MPHC holds Annual General Assembly Meeting

Published: 23 Feb 2026 - 09:29 am | Last Updated: 23 Feb 2026 - 09:31 am
The Board of Directors recommends the distribution of cash dividends for the second half of 2025 in the amount of QR0.016 per share.

The Board of Directors recommends the distribution of cash dividends for the second half of 2025 in the amount of QR0.016 per share.

The Peninsula

Doha, Qatar: Mesaieed Petrochemical Holding Company (MPHC) convened its Annual General Assembly Meeting for the fiscal year 2025, yesterday.

Delivering the opening speech Chairman of the Board of Directors of MPHC Ahmad Saif Al-Sulaiti said, in 2025, the global petrochemical sector faced significant pressures resulting from excess production capacity, weak demand, and rising sustainability requirements.

From a financial perspective, the results for 2025 reflected the extent of the pressures faced by the Group throughout the year, driven by macroeconomic conditions, external headwinds, and planned maintenance activities in the petrochemical segment, which collectively led to lower profitability levels, he said.

Al-Sulaiti said, “We reaffirm our continued commitment to enhancing health and safety standards, product quality, and employee well‑being, ensuring reliable operations in line with the highest international standards.”

MPHC recorded a net profit of QR533m in 2025, with earnings per share of QR0.042.

Taking into account the current market outlook over the short and medium term, as well as the Company’s capital expenditure programs and operational plans, the Board of Directors recommends the distribution of cash dividends for the second half of 2025 in the amount of QR0.016 per share.

Accordingly, total annual dividends amount to QAR 0.042 per share, representing a payout of 100% of the Company’s net profit for the year.

On behalf of the members of the Board of Directors, I would like to express my sincere gratitude and appreciation to Amir H H Sheikh Tamim bin Hamad Al Thani. May God protect and preserve him, for his wise leadership, tireless efforts, and continuous support for the downstream and industrial sectors.

“Our thanks are also extended to QatarEnergy, under the leadership of H E Saad bin Sherida Al‑Kaabi, Minister of State for Energy Affairs, President and CEO, for the continued support provided to MPHC and its joint ventures,” Al-Sulaiti said.