Business

Widam Narrows Q1 Losses 39% YoY

Qatar NewswireComments Off on Widam Narrows Q1 Losses 39% YoY

Doha: Widam Food Company, a Qatari publicly-traded company, reduced its losses by 39.4% in Q1 of 2024. They recorded a loss of 10,529,376 in the first three months of 2024, compared to a loss of QR 17,372,868 during the same period of 2023.

The company said in its earnings released published on the Qatar Stock Exchange’s website today that earnings per share amounted to QR 0.06 for the first quarter of 2024, compared to a loss of QR 0.10, for the same period last year.

Source: Qatar News Agency

Qatar Newswire

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