Oman-Mubasher: Raysut Cement shareholders approved a 75% cash dividend (75 baisa per share), according to the Muscat Securities Exchange (MSM).
At their ordinary general meeting on Sunday, the shareholders gave the go-ahead to appoint Ahmed Al Ibrahim as chairman and Shihab Al Ibrahim as vice chairman.
The company reported a drop in the company’s profit by 74% to OMR 27.4 million in the fiscal year ended 31 December, 2014, compared to OMR 27.5 million during the same period of 2013.
The Oman-listed firm’s capital amounts to OMR 20 million, distributed on 200 million shares.