In its statement to the Muscat Securities Market (MSM), the Board of Directors of Oman Flour Mills announced its approval of the Company’s audited financial statements of the Group and Parent Company for the year ended June 30, 2014.

Oman Flour Mills reported a net profit of OMR 7.1 million for the year ended June 30, 2014, compared to OMR 6.1 million for the year ended June 30, 2013, registering a 16% rise in profit.

Moreover, the Board recommended, to the Annual General Meeting (AGM) which is to be held on Wednesday, September 24, 2014, the distribution of a cash dividend of 25% (OMR 0.25) per share of paid up capital to the Company’s shareholders who are registered in the Company’s register with the Muscat Depository & Registration Co. on the date of the Annual General Meeting.