Dubai – Mubasher: Drake & Scull International (DSI) announced in a bourse filing that its board will meet on 30 March to discuss and approve dividends for 2014.

The board will also set the date for the company’s ordinary and extraordinary general meetings.

DSI announced a net profit drop by 39.5% for 2014, reaching AED 110 million ($30 million) compared to AED 181.7 million ($49.5 million) in 2013.

DSI recently announced winning an AED 395-million award for a Dubai Creek project alongside Al-Habtoor Leighton. The project is owned by Dubai World Real Estate.

DSI’s capital amounts to AED 2.3 billion at par value of AED 1 per share.