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Mannai, Widam to discuss Q1 financials 26 April

Mannai, Widam to discuss Q1 financials 26 April
(Photo Credit: Arabianeye-Reuters)
Widam
WDAM
0.05% 2.11 0.00
Mannai
MCCS
-1.33% 3.85 -0.05

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 reaching QAR 91.3 million, compared to QAR 69.1 million in 2015.

Mannai’s annual profits stood at QAR 535.1 million in 2016, compared to QAR 532.8 million in the year before.

Widam’s stock gained 7.38% at 9:25am Qatar time to QAR 65.5, with a liquidity of QAR 1.5 million through trading 23,110 shares.

On the other hand, Mannai’s stock slid 0.13% to QAR 79.8 with a traded value of QAR 15,960 through the exchange of 200 shares.