Mubasher: Oman Textile Holding Company set 16 March for its ordinary general meeting (OGM), according to a bourse filing released on Sunday.

The OGM will discuss paying cash dividends at 2.5% of the share’s par value for the fiscal year 2015.

Oman Textile earlier reported a net profit of OMR 3.37 million ($8.75 million) in 2015, compared to net losses of OMR 664,870 ($1.72 million) in 2014.

The last cash dividends distribution by the company was in 2011 at 15% of the stock’s par value, equivalent to 150 Baisas per share.