Dubai – Mubasher: The National Central Cooling Co (Tabreed) said its shareholders recommended 6.5% cash dividends, or 6.5 fils per share, for fiscal year 2016, according to a bourse statement.
Total dividend payout amounts to AED 48 million ($13.07 million).
The company’s profits reached AED 367.4 million in 2016, compared to AED 345.3 million in 2015.
