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| LATEST
NEWS |
| Proposal to distribute 10% cash and 5% stock dividends for the financial year ending 31/12/2009 |
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| The Board of directors of Oman Chlorine SAOG is pleased to announce that the board, during their meeting held on 21/2/2010 has approved the proposal to distribute 10% cash dividend and 5% stock dividend for the year 2009.
The above proposal will be presented for discussion and approval during the Annual General Meeting to be held during on March 25, 2010.
Oman Chlorine is pleased to announce the audited financial results for the twelve month period ended 31/12/2009.
The net profit after tax for the year 2009 stood at R.O. 2.484 Million as compared to RO 2.862 Million for 2008. The profit for 2009 was lower by 13.22%. The return on paid up capital was 44.34% during 2009 compared to 51.10% during the previous year.
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