Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Al-Meera posts 52.12% increase in net profit  Join our daily free Newsletter

MENAFN - Arab News - 30/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Al-meera consumer goods company (qsc) announced its financial results for the first quarter of 2014 ended march 31 with a record net profit attributable to the owners of the company of qr39.2 million as compared to qr5.7 million for the same period in 2013 an increase of 52.12 percent.

sales in first quarter of 2014 grew by 14.56 percent from qr443.8 million to qr508.4 million compared to the same period in 2013.

last year al-meera increased total retail space by 4100 square meters. in 2014 al-meera has eight malls currently under construction and 1 store under fit out with all expected to be completed later in 2014. the malls are located at al-wakra al-thumama al-wajba muaither al-azizia al-thakira muraikh and jeryan nujaima in addition to the rented store located in the gulf mall (1750 square meters).

these new malls currently under construction are part of the company's promises to deliver on its expansion plans during 2014 and 2015 in order to sufficiently serve all of qatar's communities covering the needs of all the country's residents wherever they may be located with competitive prices targeted at all segments of society.

all new malls will be built to stringent international standards and outfitted with the latest interior design style and modern lighting system and will have the 'look and feel" similar to that of lqutaifiya mall. the contemporary concept will cover all of al meera's supermarkets shops restaurants and other stores.


 


Arab News




  MENA News Headlines
 Sep 2 2015 - Three key foreign currencies linked to Dubai real estate price declineThe Arabian Post
(MENAFN - The Arabian Post) Today, Phidar Advisory released its Q3 mid-quarter Dubai residential research note. The report shows that residential prices in the third quarter of 2015 continue to ...

 Sep 2 2015 - Gulf management need to take more risks and drive innovation, says global surveyThe Arabian Post
(MENAFN - The Arabian Post) Management in the Gulf need to take more risks and develop staff to think creatively, according to a new global innovation survey designed to help companies stop wasting ...

 Sep 2 2015 - Falling oil prices create headwinds for the UAE's real estate marketsThe Arabian Post
(MENAFN - The Arabian Post) UAE. With a 54% decline in the price of oil prices during the past 12 months the United Arab Emirates (UAE) real estate market is now beginning to feel the effect with ...

 Sep 2 2015 - India- Crop insurance period for non-loanee farmers extended till September 15KNN India
(MENAFN - KNN India) The Government has intended period of for non-loanee farmers form July 31, 2015 to September 15, 2015 under National Agricultural Insurance Scheme."This will benefit farmers of ...

 Sep 2 2015 - Moscow Denies Sending Warplanes to Syria to Fight DaeshQatar News Agency
(MENAFN - Qatar News Agency) A source in the Russian defense ministry denied today reports about Russia sending warplanes to Syria to fight Daesh.The source said in a statement to Russian television ...

 Sep 2 2015 - Israeli Occupation Forces Arrest 4 PalestiniansQatar News Agency
(MENAFN - Qatar News Agency) Israeli occupation forces arrested today two youths from Silat al-Harithiya and Kafr Dan villages, west of Jenin. They also arrested two boys from the town of Beit Ummar ...

 Sep 2 2015 - Qatar- Real Estate Trades Exceeded QR 500 Million Last WeekQatar News Agency
(MENAFN - Qatar News Agency) The total trading value in real estate sales contracts registered with the Land Registry Department of the Ministry of Justice during the period August 23-27 reached QR ...

 Sep 2 2015 - Qatar Development Bank Launches Al-Fikra CompetitionQatar News Agency
(MENAFN - Qatar News Agency) Qatar Development Bank (QDB) announced today the launch of the fourth edition of Al-Fikra competition for start-ups, in collaboration with a host of sponsors and ...

 Sep 2 2015 - Qatar's Fertilizer Output Triples in a Decade Says GPCA ReportQatar News Agency
(MENAFN - Qatar News Agency) Qatar accounts for the second largest share of fertilizer production at 10.7 million tonnes in the GCC, according to the GPCA's Fertilizers Indicators report. Qatari ...

 Sep 2 2015 - Qatar- Economy and Commerce Ministry Recalls 2014-2015 Jeep Cherokee CarsQatar News Agency
(MENAFN - Qatar News Agency) The Ministry of Economy and Commerce, in cooperation with Jeep dealer, recalled 2014-2015 models of Jeep Cherokee due to a defect in the operation of the airbag ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help