Al Meera Net Profit Drops 2.5% to QR 194 Million in 2017; Recommends 85% Cash Dividends

February 28, 2018

Al Meera Consumer Goods disclosed its consolidated financial statements for the year ended on 31.12.2017. The statements show that the net profit attributable to owners of the Company is QR194 Million compared to net profit attributable to owners of the Company amounting to QR199 Million for the same period of the previous year.

The Earnings per Share (EPS) / amounted to QR 9.70 for the period ended 31 December 2017 to EPS / amounted to QR 9.96 for the same period of the previous year.in addition, the proposed dividend distribution is QAR 8.5 per share (85% of the nominal value of each share)