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Overview Of Company's Activities 2013.pdf

Overview Of Companys activities 2013.pdf
Preview of Overview Of Company's activities 2013.pdf
🔗 Source: almeera.com.qa
📊 Size: 317 KB
📄 Pages: 2 pages
⬇️ Downloads: 74

Summary

Al Meera Consumer Goods Company (Q.S.C.) reported a record year in 2013, with increased store space, new store openings, and strong financial results. Key highlights include:

Increased store space in Qatar by 4,100 SqM with 2 new supermarkets and 3 convenience stores
 Opened 5 new stores in Oman with total store space of 15,400 SqM
Group sales up 29.4% to QAR 1,946.0 million
 Group gross profit up 25.0% to QAR 319.5 million
* Group net profit attributable to Owners of the Company rose 85.4% to QAR 196.1 million

The company also inaugurated its first Géant Hypermarket, launched 2 W H Smith franchise stores, and opened new neighborhood malls. Al Meera has 9 malls under construction and plans to double its store space to over 100,000 SqM in the next 2-5 years. Financially, the company repaid all its bank borrowing, increased its total assets by 71.6%, and saw a 360.0% increase in total equity.

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Description

Al Meera Consumer Goods Company (Q.S.C.) reported a record year in 2013, with increased store space, new store openings, and strong financial results.

Technical Information

  • File Format: PDF
  • File Size: 317 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 74
  • Last Updated: 6 days ago

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