Al Meera net profit rises to QR105.75m

February 10, 2013 - 1:11:50 am
DOHA: Al Meera Consumer Goods Company has recorded QR105.75m net profit for the full year 2012, up 36.8 percent compared to the year 2011. The company’s revenue reached QR1.50bn, 29.2 percent higher than the previous year.
The Board of Directors yesterday recommended distributing cash dividend of QR8 per share, which is equivalent to 80 percent of the nominal share value. 
The meeting, chaired by Al Meera Chairman Abdulla bin Khalid Al Qahtani, took a number of decisions including endorsement of the consolidated financial statements for the financial year ending December 31, 2012, and recommended presenting the financial results to the General Assembly meeting to be held on February 27, 2013. 
The Peninsula
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