Widam Company Records Lose of QR 33.555 Million in 2023

Doha,
Widam Food Company, a Qatari public shareholding company, recorded a net loss of QR 33.555 million in 2023, compared to a net loss of QR 61.614 million in 2022.
The company’s financial statement, published on the Qatar Stock Exchange (QSE) website Monday, showed a loss per share amounting to QR 0.19 as of Dec. 31, 2023, compared to a loss per share amounting to QR 0.34 for the same period of the previous year.
The Board recommended not to distribute cash profits to shareholders. (QNA)