Market: Qatar
Symbol: MERS

Al Meera is Qatar’s leader in the retail industry. For the last 14 years, we have been committed in providing quality products and services at reasonable prices in order to meet the ever-changing needs of our customers in a responsible and receptive manner.

Al Meera is a complete store that provides customers true value for money. We offer our customers a great shopping experience each time they visit us, by offering a vast range of food and non-food products under one roof. Maintaining high standards in quality, we offer products at low prices and have emerged as the destination of choice for customers. 

At present, Al Meera operates through 60 supermarkets and convenience stores and has an energetic workforce who put our customers first in everything they do. We have invested in our stores, our employees and our channels to deliver the best possible shopping experience. Our strong culture and values are part of our identity and an integral part to our success.

To drive the company’s future growth, Al Meera Holding acquired Qatar Markets Company W.L.L. and Al Oumara Bakery. This provided five new store outlets in different areas totaling 15000 square meters, in addition to having a company-owned bakery that supplies the branches with freshly baked goods which complement sales and profitability. 

Currency QAR
Last Closing Price 19.92
Change (%) -0.05
Volume 13,370
Number of Shares 200,000,000
Market Cap 3,984,000,000
Key figures 2017 2018 2019
Consolidated Income Statement (QAR)      
Sales 2,861,191,431 2,995,961,214 2,985,153,270
Gross profit 477,891,354 496,424,529 518,613,006
Shops rental income 69,509,192 75,842,670 74,778,270
Net profit 194,274,509 182,480,060 185,567,240
Consolidated Balance Sheet (QAR)      
Total assets 2,219,389,838 2,400,935,436 2,545,754,532
Total equity 1,421,454,129 1,449,889,188 1,473,583,298
Total liabilities 797,935,709 951,046,248 1,072,171,234
Consolidated Cash Flow (QAR)      
Net cash provided by (used in) operations 274,300,041 279,683,487 186,100,112
Net cash provided by (used in) investing activities -85,029,384 -104,796,603 -125,665,541
Net cash provided by (used in) financing activities -188,425,552 -58,804,336 -239,121,802
Cash and cash equivalents at the end of the year 269,547,021 385,629,569 206,942,338
Key indicators      
Current ratio 0.98 1.13 0.86
Return on average total assets 8.76% 7.90% 7.54%
Dividend per share (QAR) 0.90 0.85 0.85
Earnings per share (QAR) 0.97 0.91 0.93