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 19.54
Change (%) 0.26
Volume 53,162
Number of Shares 200,000,000
Market Cap 3,908,000,000
Key figures 2018 2019 2020
Consolidated Income Statement (QAR)      
Sales 2,995,961,214 2,985,153,270 3,407,739,938
Gross profit 496,424,529 518,613,006 592,087,806
Shops rental income 75,842,670 74,778,270 65,114,399
Net profit 182,480,060 185,567,240 209,930,142
Consolidated Balance Sheet (QAR)      
Total assets 2,400,935,436 2,545,754,532 2,740,355,611
Total equity 1,449,889,188 1,473,583,298 1,578,053,188
Total liabilities 951,046,248 1,072,171,234 1,162,302,423
Consolidated Cash Flow (QAR)      
Net cash provided by (used in) operations 279,683,487 186,100,112 423,392,392
Net cash provided by (used in) investing activities -104,796,603 -125,665,541 -145,547,742
Net cash provided by (used in) financing activities -58,804,336 -239,121,802 -213,109,466
Cash and cash equivalents at the end of the year 385,629,569 206,942,338 271,677,522
Key indicators      
Current ratio 1.13 0.86 0.97
Return on average total assets 7.90% 7.54% 7.91%
Dividend per share (QAR) 0.85 0.85 0.90
Earnings per share (QAR) 0.91 0.93 1.05