GulfBase Live Support
27/02/2015 05:51 AST
The board of directors of Nass Corporation has recommended a cash dividend of 15 per cent, or 15 fils per share, for the year ended December 31.
The announcement follows a meeting of the board held yesterday which saw the financial results get approval.
The company achieved a gross turnover of BD83.026 million last year as against BD80.241m in 2013 on which it had achieved a net profit of BD4.100m, as against BD4.124m for 2013.
The gross turnover achieved for the fourth quarter was BD23.678m as against BD19.660m for same quarter of 2013.
Net profit for the fourth quarter was BD454,000 as against BD791,000 for the same period in 2013.
'The company could achieve satisfactory performance for the year in spite of difficult economic and market conditions,' Nass Corporation chairman Sameer Abdulla Nass said.
Gulf Daily News
04/05/2016
Nass Commercial, a division of Nass Corporation and the authorised distributor of Massey Ferguson (MF) Power Series generators held a regional technical seminar for its clients and contractors at Dip
Gulf Daily News
22/03/2016
Nass Corporation shareholders are to get cash dividend of five per cent for last year. The announcement was made during the company’s annual ordinary general meeting held at Sheraton Hotel yester
Gulf Daily News
25/03/2015
Hemant Joshi has been appointed a director on the board of Nass Corporation.
Mr Joshi's appointment was approved by the company's shareholders at the annual general meeting last week.
Gulf Daily News
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News