Al Jazeira's Deputy Chairman & Managing Director Mr. Hussain Sajwani, also Chairman of Damac Group, expressed his happiness on the excellent performance of the company for the second consecutive year and added that its future looks very bright for 2004.
Damac Group, a Dubai based company, operates throughout the GCC, the Middle East, CIS, Africa and UK, with over 5000 employees of various nationalities. Its diverse business includes food services, manufacturing, investments, restaurants and property development.
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Al Jazeira Services Co. SAOG announces 42 per cent dividend for the second consecutive year
- Oman: Monday, February 23 - 2004 at 09:26
- PRESS RELEASE
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The Board of Al Jazeira Services Co., a publicly traded company in Oman, revealed its unaudited financial results for 2003, which recorded a profit of RO. 3.025 million, (about 30 million UAE Dirhams) [52 per cent of the paid up capital] and announced a dividend of 42 per cent (22 per cent cash and 20 per cent bonus) for the second consecutive year, subject to approval by the shareholders at its Annual General Meeting, which will be held on 12th April 2004.
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Posted by Anne-Birte Stensgaard, Senior News EditorMonday, February 23 - 2004 at 09:26 UAE local time (GMT+4)
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