PIIC board proposes 10% dividends


Cairo-Mubasher: The board of Palestine Industrial Investment Co (PIIC) recommended a cash dividend representing 10% of the nominal capital, totalling JOD 1.875 million ($2.646 million), according to a filing to Palestine Exchange (PEX).

The board also approved, during its meeting, the company’s financial statements for the fiscal year ended 31 December, 2014.

The company reported a profit of JOD 3 million during the nine-month period ended September 30, 2014, compared to JOD 3.92 million, registering a decline by 23.3%.

 

Mubasher Contribution Time: 10-Mar-2015 08:35 (GMT)