Mubasher: Al Suwadi Power’s board gave the go-ahead for cash dividends of 5.15% or baizas 5.15 per share for the fiscal year ended 31 December 2014, according to a bourse filing.
During the meeting held on 21 October, the board approved the unaudited financial statements for the nine-month period ended 30 September 2015.
The company posted a 71.6% profit plunge to OMR 4.82 million in 2014 as compared to OMR 17 million in the same period of 2013.
