Mubasher: Bahrain Cinema Company said on Monday that it will discuss on 23 March a recommendation of distributing cash dividends of 50% of the paid-up capital for 2015.
The dividend distribution is proposed by the board at 50 fils per share with a total of BHD 3.185 million ($8.386 million).
Another discussion will be held on transferring BHD22.795 million (60.024 million) to retained earnings.
Bahrain Cinema announced 76.4% growth in net profit in the fourth quarter of 2015, reaching BHD1.42 million ($3.76 million), compared to BHD 804,000 ($2.13 million) in the same period in 2014.
