The general assembly of Emirates Aramex decided to distribute cash dividends to shareholders by 16.5% and amounting to 241 million dirhams of capital for the year 2019.
According to the Emirates News Agency, the last day for participation in the profits has been set for the 30th of June, and it will be agreed with the Dubai Financial Market on the date of distribution.
Aramex listed on the Dubai Financial Market achieved profits of 497.4 million dirhams in 2019, compared to profits of 492.6 million dirhams achieved during the same period of the year 2018.
The company's revenues increased last year to 5.24 billion dirhams, a growth of 3% compared to approximately 5.08 billion dirhams in 2018.
It is noteworthy that the meeting also included the election of members of the Board of Directors for a period of three years in addition to approving the financial statements for the past year, discharging the Board of Directors and approving its report on the company's activities.