Doha - Mubasher: Qatar Navigation Company (Milaha) will hold an ordinary general meeting on 16 March to discuss distributing cash dividends at 50% of the stock par value or QAR5 per share.
In case quorum is not met, the meeting will be held on 22 March at the same time and place, according to the company’s statement to the Qatar Bourse.
Milaha said that the ordinary general meeting will discuss several agenda items including cash dividends, statement of financial position and income statement, as well as profits and losses statement for last year.
The company's net profit fell by 4.3% last year to QAR1.095 billion, compared with QAR1.05 billion in 2014.