Mubasher: Gulf International Chemicals’ shareholders approved distributing 28.5% of its capital as cash dividends, or 28.5 baisas per share, for the fiscal year 2016.
GICI’s capital amounts to OMR 2.1 million distributed on 21 million shares with nominal value OMR 0.1 per share.
The company achieved in 2016 profits of OMR 584,410, compared to OMR 651,980 in 2015, showing a drop by 10.36%.
The share fell 9.97% in Monday’s mid-trade to reach OMR 0.26.
