The General Assembly of Ajman Cooperative Society decided to distribute 10% cash dividends for the fiscal year 2019, in addition to distributing 11% to shareholders ’purchases.
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According to Al-Bayan newspaper, Sheikh Mohammed bin Abdullah bin Sultan Al-Nuaimi, Chairman of the Ajman Cooperative Markets Association, said that the association’s net profits for the year 2019 amounted to 16 million and 670 thousand and 172 dirhams, which is the highest profit since the establishment of the association, and the association achieved sales of about 200 million dirhams, Total fixed assets jumped to 195 million dirhams.
He stressed the effective role played by the Ajman Cooperative Markets Association in serving the community and easing the burdens of living for citizens and residents in the country, and providing high-quality products in a variety and competitive prices to suit the requirements of all segments of society and meet the demands of shoppers.
