The board members recommended a 7.5% cash dividend (Photo Credit: Arabianeye-Reuters)
MASHAER
MASHAER`R
MASHAER`R
Mubasher: Awj Holding registered a decline of 34% in profits during fiscal year 2016 as compared to the previous fiscal year.
Earnings decreased to KWD 1.6 million ($5.23 million) in FY16 from KWD 2.37 million ($7.75 million) in FY15, according to a bourse statement issued on Monday.
The board members recommended a 7.5% cash dividend of the capital or 7.5 fils per share, with a total value of KWD 1.34 million.
Source:
Mubasher
