Mubasher: Kuwait Company for Process Plant Construction and Contracting (KCPC) will hold its ordinary general meeting (OGM) on 15 May to overview the board’s recommendation of distributing 5% cash dividends of the capital for fiscal year 2016.
The company’s board proposed paying 5 fils per share to the entitled shareholders for FY16, according to a bourse statement issued on Tuesday.
During the fiscal year, KCPC posted a decline of 22.1% in profits to KWD 1.2 million from KWD 1.54 million in FY15.
