Al Meera reports QR23 mln net profit

Al Meera Consumer Goods Company disclosed the interim financial statement for the three month period ended March 31, 2012. The financial statements revealed a net profit of QR 23 Million in comparison to QR 12.8 Million for the corresponding period in 2011. The Earnings per Share (EPS) amounted to QR 2.31 as of March 31, 2012 versus QR 1.28 of the same period in 2011, the company said in a statement published on the (Qatar Exchange) website. Established in 2005, Al Meera Consumer Goods Company is a mass grocery retailer having more than 20 branches in Qatar. It conducts direct sales of fruits and vegetables, meat, fish, fresh food and similar items.