Mubasher: The board of directors (BoD) of Sohar Power Company agreed, in an ordinary general meeting held Wednesday, on increasing 7.1% or 7.1 Omani baisa as cash dividends for the fiscal period ended in 30 September as per its audited financial statement.
The Muscat-listed company posted an after-tax profit of about OMR 1.73 million ($4.48 million), compared to OMR 3.64 million ($9.42 million) in the same period last year.
The power firm’s capital amounts to OMR 22.1 million divided on 221 million shares.