Mubasher: The board of National Aluminum Products recommended distributing cash dividends at 13% of the stock par value or 13 baisa a share.
The dividend proposal will be discussed in the annual ordinary general meeting that will be held on 17 March, the board stated.
The company’s audited annual statements for the fiscal year of 2015 were also approved by the board.
The company’s audited financial results showed that FY15 profits jumped 11% year-over-year to OMR779,000 ($2.02 million) from OMR701,000 ($1.82 million).
