Qatar’s Al Meera records USD11.82m profit in Q1

27 Apr 2015

(MENAFN) Al Meera, Qatar’s leader in retail industry, recorded USD11.82 million net profit in the first quarter of the year, marking a persistent increase by 10 percent, Gulf Times reported.

Al Meera Consumer Goods Company attributed the sturdy growth to greater income from sales and shop rentals and keen cost administration and management.

“Our increase in sales and net profit is a result of careful planning and an ambitious expansion plan that has been underway since 2014,” the deputy chief executive of Al Meera said.

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