Al Meera posts QR209mn net profit in 2020 ...Qatar

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Al Meera posts QR209mn net profit in 2020
 Al Meera Consumer Goods Company reported QR209mn net profit in 2020, which is a QR22.5mn, or 12%, increase compared to 2019. Earnings per share improved to QR1.05 over QR0.93 reported in 2019, Al Meera said Tuesday. The board of directors also proposed a 90% cash dividend on the paid-up capital of QR0.90 per share, totalling QR180mn for 2020, which is subject to shareholders approval during the annual general assembly. In the first half of 2020, to combat the shortage of supply of essential goods brought about by Covid-19, Al Meera made great efforts to ensure that all its stores have adequate supplies of fast-moving consumer goods (FMCG), groceries, and foodstuff to meet the increased d

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