Widam Net
Profit Rises 18.3% to QR108.08 Million, Recommends Dividends of
42.5%
January 17,
2018
Widam Food
disclosed its financial statements for the period ended
31/12/2017, with a net profit of QR108.08 million, up 18.3%
compared to QR91.29 million in 2016.
Widam’s earnings per share recorded QR6 for
the fiscal year ended 31/12/2017 compared to QR5.07 for the same
period last year.
The Company’s Board of Directors recommended
distributing 42.5% of the nominal value of the share in cash
dividends to shareholders (i.e. QR4.25 per share).
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