AL MEERA CONSUMER GOOOS COMPANY Q.P.S.C.
Condensed consolidated interim financial information For the nine-month period ended 30 September 2025
AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.
CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION
For the nine-month period ended 30 September 2025
CONTENTS
Condensed consolidated interim statement of profit or loss Condensed consolidated interim statement of comprehensive income Condensed consolidated interim statement of financial position Condensed consolidated interim statement of changes in equity Condensed consolidated interim statement of cash flows
PAGE(S)
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AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.
CONDENSED CONSOLIDATED INTERIM STATEMENT OF PROFIT OR LOSS
For the nine-month period ended 30 September 2025
(AII amounts are expressed in Qatari Riyals unless otherwise stated)
Nine-month period ended 30
September
2025 2024Unaudited
Sales | 2,181,754,852 | 2,114,267,437 | |
Cost of sales | (1,732,963,478) | (1,722,335,599) | |
Gross profit | 448,791,374 | 391,931,838 | |
Rental income | 58,791,711 | 59,642,787 | |
Other income | 20,321,155 | 37,847,829 | |
General and administrative expenses | (301,244,801) | (265,096,591) | |
Depreciation and amortisation expenses | (91,604,374) | (82,437,222) | |
Finance costs | (29,363,695) | (22,490,193) | |
Share of gain (loss) of an associate | 47,623 | (35,221) | |
Profit before income tax | 105,738,993 | 119,363,227 | |
Income tax expense | (193,863) | (159,831) | |
Profit for the period | 105,545,130 | 119,203,396 | |
Profit attributable to: | |||
Shareholders of the parent | 106,018,037 | 119,767,127 | |
Non-controlling interests | (472,907) | (563,731) | |
105,545 130 | 119,203,396 | ||
Earnings per share | |||
Basic and diluted earnings per share attributable to shareholders of the parent
0.51 0.58
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AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.CONDENSED CONSOLIDATED INTERIM STATEMENT OF COMPREHENSIVE INCOME
For the nine-month period ended 30 September 2025
(All amounts are expressed in Qatari Riyals unless otherwise stated)
Nine-month period ended 30
September
Profit for the period | 2025 Unaudited 105,545,130 | 2024 119,203,396 | |
Offier comprefiens/v'e income | |||
Items that will not be reclassified subsequently to consolidated statement of profit or loss Net changes in fair value of financial assets at fair value | |||
through other comprehensive income | 36,085,601 | 1,596,547 | |
Total comprehensive income for the period | 141,630.731 | 120.799.943 | |
Total comprehensive income attributable to: | |||
Shareholders of the parent | 142,103,638 | 121,363,674 | |
Non-controlling interests | (472,907) | (563,731) | |
141,630,731 | 120,799,943 |
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AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.CONDENSED CONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION
As at 30 September 2025
(AII amounts are expressed in Qatari Riyals unless otherwise stated)
30 September | 31 December | |
2025 | 2024 | |
(Unaudited) | (Audited) | |
ASSETS | ||
Non-current assets | ||
Property and equipment | 1,434,813,154 | 1,403,135,910 |
Right-of-use assets | 235,537,351 | 229,193,023 |
Goodwill | 344,097,998 | 344,097,998 |
Intangible assets | 181 | 181 |
Financial assets at fair value through other | ||
comprehensive income | 446,799,974 | 401,453,945 |
Deferred tax assets | 842,201 | 842,201 |
Other non-current assets | 15,544,404 | 15,398,804 |
Total non-current assets | 2,477,635,263 | 2,394,122,062 |
Current assets | ||
Inventories | 386,314,274 | 363,930,632 |
Trade and other receivables | 83,544,215 | 87,316,671 |
Due from a related party | 19,949,948 | 19,830,310 |
Restricted bank balances | 71,481,415 | 74,349,987 |
Cash and bank balances | 210,180,220 | 133,663,424 |
Total current assets | 771,470,072 | 679,091",024 |
TOTAL ASSETS | 3,249,105,335 | 3,073.213,086 |
EQUITY AND LIABILITIES | ||
Equity | ||
Share capital | 206,000,000 | 206,000,000 |
Legal reserve | 901,289,603 | 901,289,603 |
Optional reserve | 21,750,835 | 21,750,835 |
Fair value reserve | 48,141,506 | 15,075,693 |
Retained earnings | 421,591,969 | 490,292,772 |
Equity attributable to shareholders of the parent | 1,598,773,913 | 1,634,408,903 |
Non-controlling interests | 37,085,451 | 37,558,358 |
Total equity | 1,635,859,364 | 1,671,967,261 |
Non-current liabilities | ||
Loans and borrowings | 560,162,828 | 408,762,764 |
Lease liabilities | 210,408,413 | 210,725,491 |
Employees' end of service benefits | 48,743,107 | 46,594,747 |
Retentions payable | - | 13,222,844 |
Deferred tax liability | 264,632 | 264,632 |
Total non-current liabilities | 819,578,980 | 679,570,478 |
Current liabilities | ||
Trade and other payables | 662,740,631 | 582,630,110 |
Loans and borrowings | 80,925,768 | 96,014,848 |
Lease liabilities | 50,000,592 | 43.030,389 |
Total current liabilities | 793,666,991 | 721,675,347 |
Total liabilities | 1,613,245,971 | 1,401,245,825 |
TOTAL EQUITY AND LIABILITIES | 3,249,105,335 | 3,073,213,086 |
These condensed consolidated interim financial information were approved by the Board of Directors on 28 October 2025 and authorised for issue on their behalf by:
H.E. Mr. Essa Hilal A O Al- Kuwari Chairman
Sheikh Fahad Falah J J Al Thani Board Member
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AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.
CONDENSED CONSOLIDATED INTERIM STATEMENT OF CHANGES IN EQUITY
For the nine-month period ended 30 September 2025
(All amounts are expressed in Qatari Riyals unless otherwise stated)
Attributable to the shareholders of the parent
Share Legal Optional fair value Retained Non-controlling
capital reserve reserve reserve earninos Total interests Total eo,uitv
Balance at 1 January 2024 (Audited) | 206,000,000 | 901,289,603 21,750,835 | 24,631,894 | 488,179,840 | 1,641,852,172 | 38,201,073 | 1,680,053,245 | ||
Profit / (loss) for the period | 119,767,127 | 119,767,127 | (563,731) | 119,203,396 | |||||
Other comprehensive gain for the period | - 1,596,547 | - | 1,596,547 | - | 1,596,547 | ||||
Total comprehensive income for the period | - | - | 1,596,547 | 119,767,127 | 121.363,674 | (563,731) | 120,799,943 | ||
Transfer of loss on disposal of equity | |||||||||
investments at FVOCI to retained earnings | 1,666,727 | (1,666,727) | |||||||
Appropriation for contribution to social and | |||||||||
sports fund | (2,980,085) | (2,980,085) | (2,980,085) | ||||||
Transactions with owners in their capacity as | |||||||||
owners: | |||||||||
Dividends paid | - | - - | (175,100,000) | (175,100,000 | (175,100,000) | ||||
Balance at 30 September 2024 ‹unaudited) | 206,000,000 | 901.289.603 21,750,835 27,895,168 | 428,200,155 | 1,585,135,761 | 37,637,342 1,622,773,103 | ||||
Balance at 1 January 2025 (Audited) | 206,000,000 | 901,289,603 | 21,750,835 | 15.075.693 | 490,292,772 | 1,634,408,903 | 37.558,358 | 1,671,967,261 | |
Profit / (loss) for the period | - | 106,018,037 | 106,018,037 | (472,907) | 105,545,130 | ||||
Other comprehensive gain for the period | - | - | 36,085,601 | - | 36,085,601 | - | 36,085,601 | ||
Total comprehensive income for the period - | - | - | 36.085,601 | 106,018.037 | 142,103,638 | (472,907) | 141,630,731 | ||
Transfer of gain on disposal of equity | |||||||||
investments at FVOCI to retained earnings | - | - | (3,019,788) | 3,019,788 | - | ||||
Appropriation for contribution to social and | |||||||||
sports fund | (2,638,628) | (2,638,628) | (2,638,628) | ||||||
Transactions with owners in their capacity | |||||||||
as ownes: | |||||||||
Dividends paid | - | - | - | - | (175,100,000) | (175,100,000) | - | (175,100,000) | |
Balance at 30 September 2025 (Unaudited) | 6 | 901,289,603 | 21,750,835 | 48,141,506 | 421.591.969 | 1,598,773,913 | 37,085,451 | 1,635,859,364 | |
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AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.CONDENSED CONSOLIDATED INTERIM STATEMENT OF CASH FLOWS
For the nine-month period ended 30 September 2025
(All amounts are expressed in Qatari Riyals unless otherwise stated)
Nine-month period ended 30
September
Cash flow from operating activities: Profit for the period before income tax
Adjustments for:
2025
(Unaudited)
105,738,9932024
(Unaudited) 119,363,227
Depreciation and amortisation expenses | 91,604,374 | 82,437,222 |
Provision for employees' end of service benefits | 5,612,311 | 6,014,562 |
Provision for shrinkage, obsolete and slow moving inventories | 33,105,595 | 26,753,194 |
Provision for / (reversal of} expected credit loss | 6,667,512 | (46,876) |
Finance costs | 29,363,695 | 22,490,193 |
Dividend income | (15,317,856) | (29,601,709) |
Share of (gain)/ loss on an associate | (47,623) | 35,221 |
(Gain)/ loss on disposal of property and equipment | (53,429) | 95,185 |
Interest income | (3,270,628) | (4.751.463) |
Operating profit before changes in working capital | 253,402,944 | 222,788,756 |
Working capital changes: | ||
Trade and other receivables | (2,626,667) | (26,206,394) |
Inventories | (55,489,236) | (21,266,362) |
Due from a related party | (119,638) | (57,492) |
Trade, retention and other payables | 71,512,844 | 20,008,586 |
Cash flows generated from operating activities | 266,680,247 | 195,267,094 |
Payment of contribution to social and sports fund | (4,584,740) | (4,503,015) |
Income tax paid | (230,990) | (189,038) |
Employees' end of service benefits paid | (3,463,950) | (5,250,721) |
Net cash generated from operating activities | 258,400,567 | 185,324,320 |
Cash flow from investing activities Acquisition of financial assets at fair value through other comprehensive income | (146,750,084) | (190,698,149) |
Proceeds from sale of financial assets at fair value through other | ||
comprehensive income | 137,489,655 | 165,777,424 |
Acquisition of property and equipment | (90,112,835) | (122,469,619) |
Proceeds from disposal of property and equipment | 373,548 | 61,600 |
Net movement in restricted bank accounts | 2,868,572 | 4,658,999 |
Net movement in deposits maturing after 90 days | - | (9,500,000) |
Dividends received | 15,317,856 | 29,601,709 |
Interest received | _3,347,375 | 4.867.241 |
Net cash flows used in investing activities | (77,465,913) | (117,700.795) |
Cash flow from financing activities Dividends paid | (177,971,585) | (179,758,999) |
Finance costs paid | (22,656,814) | (16,961,899) |
Repayment of principal portion of lease liabilities | (30,704,127) | (27,827,790) |
Repayment of interest portion of lease liabilities | (10,165,935) | (10,920,289) |
Proceeds from loans and borrowings | 175,000,000 | 120,000,000 |
Repayments of loans and borrowings | (3?',919 97 | §33.156,344) |
Net cash flows used in financing activities | (104,417,858) | (148 625,321) |
Net increase/ (decrease) in cash and cash equivalents | 76,516,796 | (81,001,796) |
Cash and cash equivalents at 1 January | 124,163,424 | 158.828.124 |
Cash and cash equivalents at 30 September | 200,680,220 | 77,826,328 |
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