02 April 2012
Muscat: The extra ordinary general meeting and the annual general meeting of Sweets of Oman was held recently at Oman Chamber of Commerce and Industry. The meeting was chaired by Redha Baqir Al Lawati.
The proposed amendment of the company's Article of Association was approved with a few changes by the shareholders at the EGM, said a press release.
The AGM has approved the distribution of 45 per cent dividend..
The chairman said that in 2011 the company registered a growth of 20 per cent in terms of revenue over the corresponding period of 2010. The net profit for the company after tax was RO739,056. The net earnings per share is RO0.106
The shareholders approved the report of the directors, corporate governance, the audited financial statement for the period ended December, 2011 and the reappointment of PricewaterhouseCoopers as the external auditors for the year 2012. The present board of directors has been re-elected for the next three years.
Muscat: The extra ordinary general meeting and the annual general meeting of Sweets of Oman was held recently at Oman Chamber of Commerce and Industry. The meeting was chaired by Redha Baqir Al Lawati.
The proposed amendment of the company's Article of Association was approved with a few changes by the shareholders at the EGM, said a press release.
The AGM has approved the distribution of 45 per cent dividend..
The chairman said that in 2011 the company registered a growth of 20 per cent in terms of revenue over the corresponding period of 2010. The net profit for the company after tax was RO739,056. The net earnings per share is RO0.106
The shareholders approved the report of the directors, corporate governance, the audited financial statement for the period ended December, 2011 and the reappointment of PricewaterhouseCoopers as the external auditors for the year 2012. The present board of directors has been re-elected for the next three years.
© Times of Oman 2012
