The Annual Financial Statements of Al Meera Company for 2011

The Board of Directors of Al Meera Consumer Goods Company held its third meeting in 2012 which was chaired by His Excellency Abdulla bin Khalid Al Qahtani. The Board took a number of decisions including endorsement of the consolidated financial statements for the financial year ending 31 December 2011, and recommended that to the General Assembly meeting to be held on 9 April 2012. The Company has earned net profit of, which is QR.77,304,706, which is 18% higher than the previous year. The Board has recommended paying 70% cash dividend per share, which constitutes a QR.7 per share. Notably, the Company’s revenue reached about QR.1.166 billion, which is 27.5% higher than 2010