Widam Food posts QAR 79.6m profit in Q3

Mubasher: Widam Food Company on Wednesday reported a profit decrease for the third quarter of 2018.

Net profits amounted to QAR 79.65 million in Q3-18, compared to QAR 80.15 million in Q3-17, according to a filing to the Qatar Stock Exchange (QSE).

Earnings per Share (EPS) amounted to QR 4.42 for the three-month period ended September, from QAR 4.45 for the same period of the previous year.

It is worth noting that Widam’s profits increased 12% to QAR 60.61 million for the first six months of this year, from QAR 54.14 million in H1-17.

By the end of Wednesday’s session, Widam Food Company’s stock went up 1.86% at QAR 76.67.

 

Mubasher Contribution Time: 17-Oct-2018 12:03 (GMT)
Mubasher Last Update Time: 17-Oct-2018 12:06 (GMT)