Mubasher: Al Meera Consumer Goods posted a 7% year-on-year rise in its profits for the first quarter of 2018.

Net profits amounted to QAR 43.3 million in Q1-18, compared to QAR 40.51 million in Q1-17, according to the company’s statement to the Qatar Stock Exchange (QSE).

Earnings per share (EPS) grew to QAR 2.17 for the three-month period ended March 2018, versus QAR 2.03 a share for the same period of the prior year.

For the full year 2017, Al Meera’s profits declined 2.57% to QAR 194.05 million, from QAR 199.16 million a year earlier.