Widam Food Company Q.P.S.C. Reports Earnings Results for the Half Year Ended June 30, 2021
Published on 14/07/2021 at 03:30
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Widam Food Company Q.P.S.C. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was QAR 218.104 million compared to QAR 319.219 million a year ago. Operating loss was QAR 13.098 million compared to operating Income of QAR 48.090 million a year ago. Net loss was QAR 15.503 million compared to net income of QAR 49.550 million a year ago. Basic loss per share from continuing operations was QAR 0.09 compared to basic earnings per share from continuing operations of QAR 0.28 a year ago.
Widam Food Company QPSC is a Qatar-based company which is primarily engaged in supplying livestock, feeds, fresh, chilled, and frozen meats. The Company has one business segment which is supply of Australian meat, livestock and related products and activities. The Company sells various types of live and frozen meat products, such as live and locally slaughtered lamb from Australia, Syria, Sudan, Pakistan and India, live and locally slaughtered beef from Sudan, frozen and cooled beef from Australia and Somalia and premium cuts from Brazil, Australia and the United States of America. The Companyâs products include beef, camel, chicken, dairy products, frozen foods, fruits, lamb, offal, and vegetables, among others. The Company also provide home delivery services.
