The general assembly of the Emirati Tabreed Company approved the recommendation of the Board of Directors to distribute 9.5% cash dividends to shareholders, at 9.5 fils per share, for the past year ended December 31, 2018. < / p>
The company’s capital amounts to 2.72 billion dirhams, which means that the value of the cash dividends approved is estimated at approximately, and thus the value of the dividends is approximately 260 million dirhams ($ 71 million).
and achieved profit of 427.6 million dirhams last year, compared to a profit of 400.1 million dirhams in 2017, an increase of 7%.
The company mainly creates, owns, installs, operates and maintains refrigeration and air-conditioning systems, in addition to distributing, delivering and selling cool water for use in district cooling systems.
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