The company "Burooj" presented financial results for 2024, which indicate the agility of the company and high profitability. The net profit amounted to 4.5 billion dirhams (1.24 billion dollars), which signifies an increase of 24% compared to the previous year. Additionally, a return on equity of 41% was announced, reaffirming the company's status as one of the most effective and profitable in the oil and gas sector.
The company reported that dividends on shares for the year amounted to 6.7% of the closing price on March 7, 2025. This provides investors with strong returns and strengthens the company's reputation as an attractive option for investment.
It is expected that the shareholders of "Burooj" will approve the proposals for...
