Doha - Mubasher: The board of Al Meera Consumer Goods Company recommended the distribution of cash dividends to shareholders at QAR 9 per share, representing 90% of the capital, according to Qatar News Agency (QNA).

The company’s profits surged 148.1% year-on-year in the fourth quarter of 2016 to QAR 62.35 million ($17.11 million), compared to QAR 25.13 million ($6.9 million) in Q4-15.

The company's capital amounts to QAR 200 million, distributed over QAR 20 million shares at a par value of QAR 10 per share.