Zad to discuss 40% cash dividends 24 April

Doha – Mubasher: Zad Holding Company’s announced that its ordinary general meeting (OGM) will be held on 24 April to discuss a proposal to pay unchanged cash dividends at 40% of capital or QAR 4 ($1.10) per share for the fiscal year 2015.

The OGM will also discuss the food processing holding company’s balance sheet and profit and loss account of 2015, in addition to the board of directors and auditor’s reports on the year, according to a bourse filing.

Annual profits of 2015 also fell 11.8% to QAR 160.32 million ($44.04 million) from QAR 181.7 million ($49.91 million) in 2014.

Mubasher Contribution Time: 07-Apr-2016 06:36 (GMT)
Mubasher Last Update Time: 07-Apr-2016 09:53 (GMT)