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Alba Discusses Not Distributing Dividends to Shareholders, Distributing 210 Thousand BD Reward to Board Members

2019-02-16 - 9:28 p

Bahrain Mirror: Alba’s extraordinary and ordinary general assembly meeting discuses on March 7 not distributing profits on shareholders and the transferring of 59,992 thousand BD to the retained earnings. The meeting also discusses the financial statements for the fiscal year which ended on December 31, 2018.

 

 

The meeting also discusses the approval on the proposal to distribute a reward to the board members worth 210 thousand dinars for the fiscal year that ended on December 31, 2018, after approval of Ministry of Industry, Trade and tourism.

Alba's profit fell 36%, meanwhile, the losses resulted in decline of the Bahraini stock exchange.

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