By Eslam Salem
Doha – Mubasher: Shareholders of Gulf International Services Company endorsed on Wednesday the board's proposal for distributing cash dividends for the fiscal year 2015 at 10% of the stock par value, or QAR 1 per share.
The company's ordinary general meeting also ratified balance sheet and profit/loss statement for FY15.
The company earlier posted a 43.2% decline in FY15 net profit to around QAR 801.4 million, down from QAR 1409.8 million in FY14.
