Oman – Mubasher: Shareholders of Muscat-listed Al Maha Ceramics approved on Thursday a cash dividend of 35% of capital, amounting to 35 baise per share in addition to a 5% stock dividend amounting to five shares for every 100 shares.

Shareholders approved the auditors’ report and elected several board members.

Al Maha reported a profit of OMR 2.7 million in 2014, a rise by 7.5% compared to figures from 2013.

The company is one of the largest producers of ceramic tiles in the Sultanate of Oman.

Al Maha’s capital amounts to OMR 5.2 million divided on 52.5 million shares.