Widam Food discloses 2013 Financial with QR 54.9M In net Profit

23/02/2014 11:23 AST

Widam Food Company (Previously Mawashi) discloses the financial statements for the year ended December 31, 2013. The financials revealed a net profit of QR 54.9 Million in 2013 versus QR 75 Million in 2012 and the Earnings per Share (EPS) amounted to QR 3.05 in 2013 compared to QR 4.17 in 2012.

the Board decided to put forward to the Ordinary AGM its recommendations for the distribution of cash dividends of 21% of the nominal share value (i.e. QR 2.10 per share).


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