Mubasher: The board of Al Anwar Ceramic Tiles recommended the distribution of cash dividends at 20% of capital or 20 baisa per share for the fiscal year ended 31 December, 2015.

The dividend proposal will be discussed in the upcoming ordinary general meeting scheduled to convene on 27 March.

The company’s net profit fell 32.2% in FY15 to OMR6.62 million ($17.14 million), against OMR9.77 million ($25.29 million) a year earlier.