Dubai – Mubasher: The net profits attributable to the owners of Shuaa Capital hiked by 168% to AED 125.263 million in 2020, compared to AED 46.813 million in 2019, as shown by the company's consolidated financials for 2020.

The earnings per share (EPS) stood at AED 0.05 last year, against AED 0.01 in 2019.

 The company's board has proposed a cash dividend distribution of 3 fils per share, aggregating at a total amount of AED 76 million.

This proposal is the first cash dividend payment to shareholders since the merger in 2019.