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FINANCIAL NEWS
Qatar’s Widam Food revenue grows to QR91.29mn
30 Jan 2017
(MENAFN) Widam Food Co. proclaimed a net profit of QR91.29mn for last year, compared to QR69.14mn at the end of Dec 2015, an increase of 32.04 percent.
Moreover, earnings per share of the firm grew to QR5.07 last year compared to QR3.84 from the previous year.
In addition, the earnings came in from increase in the income reduction in expenses, while the increase in profits amounted to 4.2 percent.
Meanwhile, the firm in co-op with the Ministry of Economy and Commerce is running initiative of offering subsidized Arab sheep to citizens.
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MENAFN3001201700450000ID1095224595
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