Dubai – Mubasher: National Central Cooling Co’s (Tabreed) on Wednesday recommended a cash dividends distribution of 8% or 8 fils per share of Tabreed’s capital for fiscal year 2017, according to a statement to the Dubai Financial Market (DFM).
Tabreed’s capital amounts to AED 2715.53 million distributed over about 2715.53 million shares at a par value of AED 1 per share.
Tabreed’s net profit went up 9% to AED 400.1 million in 2017, from AED 367.4 million a year earlier.
