Acwa Power approves 15% cash dividends

Photo credit: Arabianeye - Reuters

20 December 2015 10:10 AM

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Mubasher: Acwa Power Barka’s board announced on Thursday that the company will pay a 15% cash dividends worth OMR 2.4 million from retained earnings, according to the unaudited financial reports for the year ended 31 December 2014.

Listed in Muscat, the multi-utility company’s financial statements for 2014 showed a profit of OMR 11.43 billion, with earnings per share worth 71 Baisa.

Management Decisions

Source: Mubasher