Widam Food company reports QR62.2m net profit in 2014

Widam Food Company disclosed the financial statements for the year ended December 31, 2014.
The financials revealed a net profit of QR 62.2 Million in 2014 versus QR 54.9 Million in 2013 and the Earnings per Share (EPS) amounted to QR 3.46 in 2014 compared to QR 3.05 in 2013.
The board recommended profits distributing being Cash Dividends of (25%) from the share par value, i.e. QR. (2.5) for each share.
Widam Food Company Previously (Mawashi) was established in 2004 to Trade in livestock, meat and animal feeds in addition to meat derivatives and animal Skin – Tannery and the management of the slaughtering houses in the state of Qatar.