The annual meeting of the shareholders of Al-Sayer Marine Company, specializing in marine equipment and supplies, approved the proposal of the Board of Directors regarding the distribution of profits among shareholders for the financial year 2024. Instead of this profit, it will be deferred to the following financial year.
The Board of Directors' proposal regarding the payment of bonuses to the members of the Board of Directors in the amount of 2.08 million dirhams was also approved. The company reported an increase in operational profit and the beginning of the recovery of the investment portfolio after its decline.
The meeting also discussed the company's budget, the report on profits and losses for the financial year ending December 31, 2024, and it was approved. In addition, the members of the Board of Directors and the auditors were released from responsibility for the year.
