Mubasher: Gulf Hotels Oman Company’s board of directors recommended on Sunday cash dividends at 35% of the share’s par value, equivalent to 350 Baisas per share, totalling OMR 1.2 million for the fiscal year 2015.
The annual ordinary general meeting will be held on 23 March to discuss the board’s proposal and the auditor’s annual report for last year, according to a bourse filing.
The Muscat listed company’s profit fell last year by 13.8% to OMR 2.25 million from OMR 2.61 million in 2014.
