Aramex's board proposes 13% dividends for 2020

Dubai –  Mubasher: The board of  Aramex has recommended distributing cash dividends, equivalent to 13% of the company's paid-up capital, for 2020.

The proposed cash dividend distribution aggregates at a total amount of AED 190.33 million, according to the company's disclosure to the Dubai Financial Market (DFM) on Wednesday.

It is noteworthy to mention that in 2020, the company's net profits showed a 42.7% decrease in net profits to AED 285.014 million, compared to AED 497.4 million in 2019.

Mubasher Contribution Time: 31-Mar-2021 06:33 (GMT)
Mubasher Last Update Time: 31-Mar-2021 06:33 (GMT)