Doha – Mubasher: Gulf International Services’s ordinary general meeting (OGM) will be held on 26 February to discuss the distribution of cash dividends at 10% of the capital.

The proposed dividends total QAR 186 million, represent QAR 1 per share, according to a bourse filing on Wednesday.

The company’s capital amounts to QAR 1.86 billion, distributed over 186 million shares at a nominal value of QAR 10 per share.

The general assembly will meet on 12 March, as an alternative date, to discuss the profit and loss sheet for the year ended on 31 December.

The firm’s profits declined by 91.7% to QAR 66.96 million down from QAR 801.428 million in 2015.