Widam Food Q2 profits rise 29%

Doha – Mubasher: Widam Food Company’s profits for the second quarter of fiscal year 2017 grew 27.9% year-on-year.

Net profit for Q2-17 reached QAR 31.2 million ($8.4 million), compared to QAR 24.4 million ($6.5 million) for Q2-16, a bourse filing said on Wednesday.

Profits for the first six months of FY17 reached QAR 54.1 million, 22.4% up from QAR 44.2 million.

Earnings per Share for H1-17 amounted to QAR 3.01, compared to QAR 2.46 for H1-16. 

Mubasher Contribution Time: 19-Jul-2017 07:25 (GMT)
Mubasher Last Update Time: 19-Jul-2017 07:25 (GMT)