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Al Amal Investment shareholders approve 3% cash dividend

Al Amal Investment shareholders approve 3% cash dividend
Al Amal Investment
AMAL
4.71% 0.89 0.04
The general meeting of Al Amal Financial Investment endorsed FY13 balance sheet and approved the proposed 3% cash dividend. In addition, Ghosheh & Co. was appointed as an auditor, according to Alarab newspaper.

Chairman Raed A. Al Kalouti confirmed the company’s strong financial position despite the tough economic conditions in the GCC and Jordan. Despite these difficult conditions, the company is committed to paying dividend to shareholders, he noted.

Al Kalouti expressed optimism about the company’s financial results over the next years, noting that the company overcome its challenges.