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Sharjah Group’s board proposes AED 5.5m dividends

Sharjah Group’s board proposes AED 5.5m dividends
The group has posted a 9.2% decline in net profit in Q4
Aram Group
SG
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Abu Dhabi – Mubasher: Sharjah Group’s board has recommended the distribution of AED 5.523 million in cash dividends, with a per-share dividend of AED 0.07.

The recommended dividends are 75% higher than those of 2016, according to a company statement.

The Abu Dhabi-listed group has posted a 9.2% decline in net profit in the fourth quarter of 2017, registering AED 12.05 million, compared to AED 13.27 million in the same period a year earlier.