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Gulf Investment proposes 6% cash dividend

Gulf Investment proposes 6% cash dividend
Photo Credit: Arabianeye-Reuters
GIS
GISI
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Gulf Investment Services Holding, listed on the Muscat Securities Market (MSM) has said that its Board of Directors has recommended a cash dividend to shareholders representing six percent or 6 baizas per share for the year ended 2014.

The holding company had reported a net profit of OMR 953.8 thousand during 2014, while consolidated net profit for the group reached OMR 1.6 million.

The MSM-listed firm reported a profit of OMR 3.738 million, a 20% decline compared to figures from the same period the year before.

Gulf Investment’s capital amounts to OMR 5.9 million divided on 58.8 million shares at par value OMR 0.1 per share.