DOHA: Retail major Al Meera has reported a net profit of QR162.1 million for the financial year ended December 31, 2015, a drop by 28.4% compared to QR226.6 million registered in 2014.
The consumer goods retailers Earnings Per Share for the period ended December 2015 declined to QR8.10 from QR11.33 reported in 2014.
The company’s board of directors have recommended the distribution cash dividend of QR9 per share or 90% of nominal value to its share holders.