Riyadh – Mubasher: The ordinary general meeting (OGM) of Mouwasat Medical Services Co approved the board’s recommendation to distribute 30% of the capital as cash dividends for fiscal year 2017.

The Tadawul-listed company will pay SAR 3 per share as dividends for FY17, with a total value of SAR 150 million, according to a bourse statement on Thursday.

In FY17, Mouwasat Medical achieved an increase of 30.91% in profits to SAR 336.7 million.