MERS
Doha-Mubasher: Al Meera Consumer Goods Co announced its financial statements to Qatar Exchange (QE) for the fiscal year (FY) ended December 31, 2014, reporting a net profit rise by 15.6% to QAR 226.6 million ($ 62.2 million), compared to QAR 196.1 million ($53.8 million) in the corresponding period of 2013.
Financials showed a rise in the company’s earnings per share (EPS) to QAR 11.33 during the period, compared to QAR 10.27.
The Board has proposed a cash dividend representing 90% of the nominal value (QAR 9 per share) for FY14.
It is worth mentioning that Al Meera’s capital amounts to QAR 200 million, distributed on 20 million shares at QAR 10 par value.