Dubai – Mubasher: Gulfa Mineral Water and Processing Industries said its shareholders approved on Tuesday a cash dividend representing 65% of capital and totalling AED 16.25 million.

The ex-date for the distributions has been set for 8 April, according to the company’s filing to the Dubai Financial Market (DFM).

The mineral water company reported a net profit growth by 36.5% to AED 6.41 million in 2014 compared to AED 4.7 million in 2013.