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Al Meera Q1 profit rises 10%

Al Meera Q1 profit rises 10%
Photo Credit: Arabianeye-Reuters
Al Meera
MERS
-0.68% 13.11 -0.09

Doha-Mubasher: Al Meera Consumer Goods Company posted a 10% profit growth to QAR 43.1 million ($11.8 million) in the first quarter of 2015, compared to QAR 39.2 million ($10.8 million) in the corresponding period of 2014.

Earnings per share grew to QAR 2.15 in Q1-15 from QAR 1.96 in Q1-14, according to a filing to Qatar Stock Exchange.

Al Meera’s profit amounted to QAR 226.6 million in 2014 compared to QAR 196.1 million in 2013, rising by 15.6%.