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National Leasing Holding’s OGM approves cash dividends

National Leasing Holding’s OGM approves cash dividends
The National Leasing Holding Company’s ordinary general meeting - Mubasher
Al Ijarah Holding
NLCS
1.92% 0.74 0.01

Doha – Mubasher: The National Leasing Holding Company’s ordinary general meeting (OGM) approved on Sunday a proposal to distribute cash dividends at 5% of the share’s par value, equivalent to QAR 0.50 per share.

The OGM also adopted the balance sheet and the profit and loss account for the fiscal year 2015.

The company earlier posted net losses of QAR 88.1 million by the end of 2015, versus a net profit of QAR 69.3 million in 2014.