Al Meera Consumer Goods Company (Q.P.S.C.) held its Ordinary General Assembly meeting for the fiscal year ending December 31, 2025, on Sunday, April 26, 2026, at the Radisson Blu Hotel in Doha. The meeting was attended by members of the Board of Directors, executive management, shareholders, and representatives from the Ministry of Commerce and Industry.

At the beginning of the meeting, H.E. Eng. Essa Hilal Al Kuwari, Chairman of the Board, welcomed attendees and expressed his highest gratitude and appreciation to His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State, for his wise directives and leadership in driving growth and development in Qatar.

The meeting included the presentation and approval of the Board of Directors’ report on the company’s activities and financial position for the fiscal year ending December 31, 2025, as well as the company’s future plans. The annual financial statements, including the balance sheet and profit and loss account for the same period, were also presented and approved.

The General Assembly approved the discharge of Board members from liability for the fiscal year ending December 31, 2025, and determined their remuneration. It also approved the Board’s recommendation to distribute cash dividends of 40% of the nominal share value, equivalent to QAR 0.40 per share.

Additionally, the General Assembly approved the external auditor’s report on the financial statements for the fiscal year ending December 31, 2025, as well as the auditor’s report on the company’s compliance with corporate governance regulations. The corporate governance report for 2025 was also approved. Finally, an external auditor was appointed for the fiscal year 2026, and their fees were determined.

Regarding financial performance in 2025, total consolidated sales reached QAR 2.91 billion, marking an increase of 3.6% compared to the previous year. Gross profit rose by 13.7% to QAR 566.8 million. Rental income from outlets reached QAR 79.9 million, while net profit attributable to shareholders amounted to QAR 143.2 million, resulting in earnings per share of QAR 0.69, reflecting a growth of 16.5%.

Commenting on the performance, the Chairman stated:

“During 2025, almeera continued to achieve positive results that reflect the strength of its business model and its ability to sustain growth. We remain committed to developing our services and enhancing the shopping experience to meet the expectations of all customer segments.”

He added:

“We remain committed to supporting local products and enhancing quality standards and food safety, contributing to the national economy and strengthening food security, in line with Qatar National Vision 2030.”

The meeting also addressed the company’s expansion plans, which include increasing the presence of its branches across different regions of the country, developing private labels, and expanding partnerships with local suppliers to provide high-quality products at competitive prices.

The Extraordinary General Assembly was also convened on 26 April 2026; however, due to the lack of the required legal quorum for it to be validly convened, and as it was scheduled to be held immediately following the Ordinary General Assembly on the same date, it has been resolved to postpone it to the third meeting on Sunday, 7^th June 2026, at the same time.