(Photo credit: Arabianeye - Reuters)
Widam
WDAM
0.45%
2.90
0.01
WDAM
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 period last year, according to a bourse filing.
The company earlier reported a net profit of QAR 23.1 million for the Q3-16, 24.9% up from QAR 18.5 million for Q3-1.
The stock ended Thursday's session adding 1.16% to QAR 69.62.
Source:
Mubasher