Mubasher: Gulf Stone Company’s ordinary general meeting approved on Thursday cash dividends at 5% of the capital or 5 Baisas per share for the fiscal year 2015, according to a bourse filing.
The company’s profit shrank last year by 64.2% to OMR 119,550 ($310,519) from OMR 339,940 ($882,961) in 2014.
Gulf Stone’s ordinary general meeting earlier agreed to distribute cash dividends at 10% or 10 Baisas per share for the fiscal year 2014.
