Widam Food QPSC (WDAM)

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News

4 March 2019 00:03 PM Widam’s EGM nods to stock split

Mubasher: Widam Food Company on Monday announced that its shareholders had approved splitting the share’s nominal value to QAR 1 from QAR 10 during an extraordinary general meeting (EGM) held the previous day. Widam’s EGM also approved amendments …

Corporate Actions

25 February 2019 11:31 AM Widam Food’s OGM raises cash dividends to 45%

Mubasher: Widam Food Company on Monday announced that its shareholders had approved raising the cash dividends proposed for the fiscal year 2018 during an ordinary general meeting (OGM) held the previous day. Widam’s OGM increased the …

General Assembly

17 February 2019 01:01 PM FTSE Russel index to include 7 Qatari-listed firms

Mubasher: The Qatar Stock Exchange (QSE) on Sunday announced that seven listed companies will be included in the FTSE Russell’s index starting from 14 March. Mesaieed Petrochemical Holding, Qatar Fuel (Woqod), Qatar Insurance, Qatari Investors …

Trading Activities

28 January 2019 02:40 PM Widam Food generates QAR 108m profit in 2018

Mubasher: Widam Food Co. on Monday reported a 0.3% year-on-year profit growth in 2018, registering QAR 108.39 million versus QAR 108.08 million. Earnings per Share (EPS) amounted to QAR 6.02 for the 12-month period ended last December, compared to …

Financial Results

17 October 2018 03:03 PM Widam Food posts QAR 79.6m profit in Q3

Mubasher: Widam Food Company on Wednesday reported a profit decrease for the third quarter of 2018. Net profits amounted to QAR 79.65 million in Q3-18, compared to QAR 80.15 million in Q3-17, according to a filing to the Qatar Stock Exchange …

Financial Results

6 September 2018 04:02 PM QCSD nods to raise Widam’s foreign ownership to 49%

Mubasher: Qatar Central Securities Depository (QCSD) announced that it has approved increasing non-Qatari ownership in Widam Food Company to 49%. This decision would boost foreigners’ stake to 8.82 million shares, according to QCSD recent …

Macroeconomics

18 July 2018 09:56 AM Widam Food profit grows 9% in Q2

Mubasher: Widam Food Company on Wednesday posted an 8.8% year-on-year profit rise in the second quarter of 2018. Widam logged a net profit of QAR 33.94 million ($9.4 million) during the period between April to June, compared to QAR 31.19 million …

Financial Results

31 May 2018 11:00 AM Widam amends provisions to comply with governance

Mubasher: Widam Food Company on Thursday said that its extraordinary general meeting (EGM) had approved amending the provisions of the Articles of Association in a bid to comply with the Corporate Governance Law, in addition to other legal …

Law

24 April 2018 10:58 AM Widam Food Q1 profit hikes 16%

Mubasher: Widam Food Company posted a 16.2% year-on-year hike in its profits for the first quarter of 2018. Profits amounted to QAR 26.67 million in Q1-18, compared to QAR 22.95 million in Q1-17, according to the company’s filing to the Qatar …

Financial Results

20 February 2018 11:02 AM Widam OKs QAR 4.25/shr dividends for 2017

Mubasher: Widam Food Company's ordinary general meeting (OGM) on Monday, 19 February,​ approved a cash dividend of QAR 4.25 per share, which represents 42.5% of the nominal share value, for the fiscal year 2017. The OGM also endorsed the company’s …

Cash Dividends

19 July 2017 09:20 AM Widam Food Q2 profits rise 29%

Doha – Mubasher: Widam Food Company’s profits for the second quarter of fiscal year 2017 grew 27.9% year-on-year. Net profit for Q2-17 reached QAR 31.2 million ($8.4 million), compared to QAR 24.4 million ($6.5 million) for Q2-16, a bourse filing …

Trading Activities

10 May 2017 11:41 AM Qatar’s service sector profits fall 22% in Q1

By: Aml Hosny Doha – Mubasher: The profits of nine Qatar-listed companies in the services sector dropped 22.05% in the first quarter of 2017, compared to Q1-16. Profits amounted to QAR 418.27 million ($114.76 million) in Q1-17, compared to QAR …

Financial Results

27 April 2017 10:00 AM Widam Q1 profits rise to QAR 23m

Doha – Mubasher: Widam Foods Co posted an increase of 16% in its profits for the first quarter of 2017, compared to the first quarter in 2016. Profits amounted to QAR 22.95 million ($6.3 million) in Q1-17, compared to QAR 19.78 million ($5.43 …

Financial Results

10 April 2017 01:12 PM Mannai, Widam to discuss Q1 financials 26 April

Doha – Mubasher: Widam Food Company and Mannai Corporation will discuss the financial statements of the first quarter in 2017 on 26 April, according to a statement to the Qatar Stock Exchange (QSE) on Monday. Widam’s profits rose 32% in 2016 …

Financial Results

16 February 2017 10:51 AM Widam OGM oks QAR 3.5/shr dividends for 2016

Doha – Mubasher: Widam Food Company's ordinary general meeting (OGM) approved on Wednesday the distribution of cash dividends of QAR 3.5 per share (35% of the capital) for the fiscal year 2016. The company's capital amounts to QAR 180 million, …

Corporate Actions

31 January 2017 00:02 PM Widam OGM to discuss dividends 15 February

Mubasher: Widam Food Company said Tuesday that its ordinary general meeting (OGM) will be held on 15 February to discuss a proposal to distribute cash dividends of QAR 3.5 per share (35% of the capital) for the fiscal year 2016. The company set 19 …

Event

27 January 2017 02:57 PM Widam Food profits rise 36% in Q4

Doha – Mubasher: Widam Food Company’s profit rose 36% to QAR 24.4 million in the fourth quarter of 2016 from QAR 17.7 million for Q4-15. Net profit for the twelve months of 2016 grew by 32% to QAR 91.3 million from QAR 69.1 million for the same …

Financial Results

26 January 2017 02:32 PM Widam moves general meeting to 31 January

Doha – Mubasher: Widam Food postponed the date of its general meeting to 31 January for uncompleted quorum of yesterday’s meeting. The presence on Wednesday reached 0.06%, which led to postponing the general meeting, according to a bourse filing …

Event

8 January 2017 09:19 AM Widam EGM to discuss amendments to statute 25 January

Doha – Mubasher: Widam Food said Sunday that its extraordinary general meeting (EGM) will discuss some amendments to the company’s article of association. The EGM will discuss the article concerning the offering of 18 million shares worth QAR 180 …

Event

5 January 2017 10:38 AM Widam opens new branch in Old Al Rayyan

Doha – Mubasher: Widam Food Company said Thursday that it has opened its 19th branch in Old Al Rayyan. The company said that the new branch is part of its strategic expansion plan, according to a bourse filing. By 10:35am Doha time, the stock fell …

Companies Investments

27 October 2016 02:36 PM Widam Food Q3 profits rise 25%

Doha – Mubasher: Widam Food Company’s profit for the third quarter of the fiscal year 2016 rose by 24.9% to QAR 23.1 million ($6.33 million), versus QAR 18.5 million (%5 million) for Q3-15. Net profit for the first nine months of 2016 grew by …

Financial Results

23 October 2016 09:32 AM Widam Food to disclose Q3 results 27 October

Doha – Mubasher: Widam Food Company said Sun day that it will announce its financial statements for the third quarter of the fiscal year 2016 on 27 October, according to a bourse filing. Widam earlier posted a net profit of QAR 24.32 million for …

Event

8 September 2016 09:10 AM Qatari Investors Group to replace Al Meera in QE index

Doha-Mubasher: Qatari Investors Group will replace Al Meera Consumer Goods Company in QE index, according to a bourse statement. Widam will join Al Rayan Islamic index, while Zad Holding and Qatar Islamic Insurance will be removed from such index. …

Markets Regulations

4 September 2016 10:52 AM Widam stock falls to 1-month low

Doha – Mubasher: Widam Food’s stock declined in Sunday’s early trading by 1.87% to QAR 63; its lowest level since one month. Trading volume amounted to 982,000 shares exchanged at QAR 61,900 through five transactions. The number of offered shares …

Trading Activities

11 August 2016 03:51 PM Widam’s Q2 profit rises 12%

Doha – Mubasher: Widam Food Company’s profits for the second quarter of fiscal 2016 by 12.1% to QAR 24.32 million ($6.67 million), versus QAR 21.7 million ($5.95 million) for Q2-15. Net profit reached QAR 44.1 million in the first half of fiscal …

Financial Results