Mubasher: Al Maha Ceramics Company announced on Wednesday that its ordinary general meeting (OGM), convening 21 March, will discuss paying the same cash dividends as last year’s payout of 35% of the share’s par value, for the fiscal year 2015.

A 35% cash dividend equates to 35 baisas per share.

 The company’s profits decreased in 2015 by 11.1% to OMR 2.4 million ($6.233 million) from OMR 2.7 million ($7.012 million) in 2014.

The Muscat-listed company’s share rose 0.49% to OMR 0.41 ($1.06) in today’s mid-trading.