Al-Hurra Jordan Decides to Distribute 100% Cash Dividend to Shareholders

21-Mar-2019

The General Assembly of Jordan Duty Free Company held its 22nd ordinary annual meeting under the chairmanship of the Chairman of the Board of Directors Ali Zaher Al-Ghazawi and the attendance of the CEO Haytham Al-Majali, the Board of Directors, the Controller of Companies and a large number of shareholders with the participation of a number of media representatives. Cash dividend of 100% of the company's capital of JD 22.500.00 as a cash dividend to the shareholders and retained the balance after the proposed distributions as retained earnings and study the increases in the company's investments in order to maximize the value of the assets and the rights of the shareholders two arrows. 

The company's sales figures for the year 2018 increased by (7.44%) compared to the year 2017 with a value of JD (101.831.043) for the fiscal year 2018, while the value of sales In the fiscal year 2017 (94.773.102) dinars, and the profits for the year 2018 (28.376.532) dinars compared to (25.393.985) dinars for the year 2017 and an increase of (2.982.547) dinars, an increase of (11.74%). 

The President of the Council said that the development in the reality of the company and the unprecedented achievements achieved have established the company and the group of markets and projects as one of the most important public shareholding companies in terms of financial results and the most important development of its role in the economy and national investment.









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