This announcement was made during the company’s annual ordinary general meeting held at Sheraton Hotel yesterday.
The company will pay cash dividend totalling BD1.075 million at the rate of 5pc of paid-up capital on its 215.077m shares (excludes treasury shares).
Chairman Sameer Abdulla Nass said the company has achieved a gross turnover of BD135.818m (BD99.284m for 2015), up by 37pc year-on-year (YoY).
It achieved a net profit of BD3.044m (BD2.668m for 2015), up by 14pc YoY.
“The year 2016 was challenging as turnover growth translated into only a marginal growth in profit in view of the challenges posed by adverse macro-economic factors,” Mr Nass said.
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