Qatar – Mubasher: The ordinary general meeting (OGM) of Qatar Industrial Manufacturing announced on Tuesday that it approved a 30% cash dividend, amounting to QAR 3 per share for the year ended 2014.

The OGM also approved a the unified general budget for the company and the profit and loss account for the year ended 31 December 2014, the company’s filing to the Qatar Exchange (QE) on Wednesday revealed, adding that the OGM approved the appointment of KPMG as auditors for 2015.

Qatar Industrial Manufacturing reported a 13.6% profit growth in 2014, reaching QAR 160.9 million compared to QAR 141.6 million in 2013.

The company’s capital amounts to QAR 475.2 million divided on 47.52 million shares at par value of QAR 10 per share.