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Microdata to distribute MAD12.5/share dividends

Microdata to distribute MAD12.5/share dividends
Photo Credit: Arabianeye-Reuters
Microdata
MIC
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Casablanca-Mubasher: Morocco-listed Microdata said its board of directors recommended the distribution of cash dividends for the fiscal year 2014 at MAD 12.5 per share.

The company posted a 8.6% fall in FY14 net profits to MAD 27.6 million, compared with MAD 30.2 million a year earlier.

Revenues also declined by 3.7% to nearly MAD 316.6 million, from MAD 329 million in 2013.