Basrec shareholders approve dividend


Bahrain Ship Repairing and Engineering Company (Basrec) shareholders yesterday approved a 50 fils per share cash dividend, amounting to BD989,622, after the company reported a net profit of BD2.4 million for the fiscal year ending December 31, 2024.

The decision was made at the company’s annual general meeting (AGM) held at the Gulf Hotel Bahrain Convention and Spa.

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