Mubasher: Oman Education and Training Investment Holding Company’s net profits after tax for the fiscal year ended on 31 August 2016 declined by 19.2% to OMR 1.05 million from OMR 1.3 million for the previous year, according to a bourse filing.

The company’s board of directors recommended cash dividends of 10 baisas per share (10% of the paid-up capital) for the year ended on 31 August 2016, totalling 7 million

The board invited the company’s shareholders to discuss the proposal in the annual general meeting (AGM) scheduled for 28 November.