30 March 2016
MUSCAT: The Shareholders of Taageer Finance Company SAOG approved the audited financial report for the year ending December 2015 at the company's Annual General Meeting (AGM) held on Monday at the Muscat Intercontinental Hotel, which was presided by the Chairman, Mr Faisal al Hashar.
The shareholders also approved distribution of cash dividend of 9.4 per cent for the year 2014.
It also approved a proposal to allocate RO 30,000 for the company's CSR initiatives in 2016.
The company registered a profit after Tax of RO 4.421 Million in 2015.
The Net Leasing Portfolio has grown by 18.06 per cent from RO 107.306 Million at 31st December 2014 to RO 126.686 Million at 31st December 2015.
The Company made a basic earnings of 17.67 baisas per share (EPS).
The net worth of the Company stands at RO 34.312 Million as at the end of December 2015.
The board thanked customers, shareholders, regulators, bankers and staff for their contribution and support.
MUSCAT: The Shareholders of Taageer Finance Company SAOG approved the audited financial report for the year ending December 2015 at the company's Annual General Meeting (AGM) held on Monday at the Muscat Intercontinental Hotel, which was presided by the Chairman, Mr Faisal al Hashar.
The shareholders also approved distribution of cash dividend of 9.4 per cent for the year 2014.
It also approved a proposal to allocate RO 30,000 for the company's CSR initiatives in 2016.
The company registered a profit after Tax of RO 4.421 Million in 2015.
The Net Leasing Portfolio has grown by 18.06 per cent from RO 107.306 Million at 31st December 2014 to RO 126.686 Million at 31st December 2015.
The Company made a basic earnings of 17.67 baisas per share (EPS).
The net worth of the Company stands at RO 34.312 Million as at the end of December 2015.
The board thanked customers, shareholders, regulators, bankers and staff for their contribution and support.
© Oman Daily Observer 2016
