Abu Dhabi – Mubasher: Abu Dhabi Ship Building’s (ADSB) ordinary general meeting has increased the proposed dividends to 15% of the company’s capital, instead of 10%, according to a company statement released on Sunday.

The Abu Dhabi-listed ship manufacturer’s approved dividends for 2017 have reached AED 32 million, Mubasher’s data showed.

ADSB reported a 70% surge in net profit during the full-year 2017, registering AED 103.6 million versus AED 61 million a year earlier.