NAPESCO
NAPESCO
1.80%
850.00
15.00
NAPESCO
Mubasher: The ordinary general meeting (OGM) of National Petroleum Services (Napesco) on Wednesday approved the board’s recommendation to distribute 60% of capital as cash dividends for fiscal year 2017.
Napesco will pay 60 fils per share as a cash dividend for FY17, according to a bourse statement on Thursday.
The dividends will be distributed on 4 April to the shareholders registered in records on 28 March.
In FY17, the petroleum services provider achieved a growth of 30.1% in profits to KWD 10.02 million compared to KWD 7.7 million in FY16.
Source:
Mubasher