Mubasher: Widam Food Company's ordinary general meeting (OGM) on Monday, 19 February, approved a cash dividend of QAR 4.25 per share, which represents 42.5% of the nominal share value, for the fiscal year 2017.
The OGM also endorsed the company’s business activities, the financial position for the year ended on 31 December 2017, and the company’s future plans, according to Widam’s statement to the Qatar Stock Exchange (QSE) on Tuesday.
During the full-year 2017, the company’s profits increased 19.2% to QAR 108.8 million from QAR 91.3 million a year earlier.
