Abu Dhabi – Mubasher: The general assembly of Agthia Group has approved distributing AED 90 million as cash dividends for fiscal year (FY) 2019, equivalent to 15% of the company’s issued capital.
It also approved granting a remuneration of AED 1.4 million to board members for 2019, according to a bourse disclosure on Sunday.
Last month, Agthia’s board of directors proposed the distribution of cash dividends at 15 fils per share.
It is noteworthy to mention that during 2019, the company’s net profits attributable to the shareholders decreased to AED 137.026 million from AED 210.496 million in 2018.
