Mubasher TV
Contact Us Advertising   العربية

Oman Flour Mills approves annual dividends

Oman Flour Mills approves annual dividends
The approved dividends stand at a total of AED 7.09 million (Photo Credit: Arabianeye-Reuters)
Oman Flour Mills
OFMI
0.21% 0.48 0.00

Mubasher: Oman Flour Mills’ shareholders gave the go-ahead on Wednesday to distribute 45% dividends or 45 baisas per share for the fiscal year ended 30 June 2016, according to a bourse statement.

The approved dividends stand at a total of AED 7.09 million.

The company achieved profits of OMR 12.93 million in the fiscal year 2015/16, a growth of 57.7% from OMR 8.2 million last year.