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News Ooredoo Maldives / dividend Maldives Impact 4.0/10 2 min read
Ooredoo to Pay Out MVR 484 Million as Dividend; MVR 3.27 Per Share

Ooredoo to Pay Out MVR 484 Million as Dividend; MVR 3.27 Per Share

Ooredoo Maldives approved a dividend of MVR 3.27 per share for 2023, totaling MVR 484 million, at its AGM attended by 123 shareholders and 60 proxy holders. The dividend increased by MVR 0.23 from 2022's MVR 3.04. The company's audited financial statements were approved, and KPMG was appointed auditor for 2024 with remuneration of MVR 940,620. Ooredoo reported a profit of MVR 685 million in 2023, up MVR 125 million from 2022's MVR 560 million, and revenue reached MVR 2 billion. The company has a market cap of MVR 4.6 billion and has been listed since 2016.

Ooredoo Maldives approved a dividend of MVR 3.27 per share for 2023, totaling MVR 484 million, at its AGM attended by 123 shareholders and 60 proxy holders. The dividend increased by MVR 0.23 from 2022's MVR 3.04. The company's audited financial statements were approved, and KPMG was appointed auditor for 2024 with remuneration of MVR 940,620. Ooredoo reported a profit of MVR 685 million in 2023, up MVR 125 million from 2022's MVR 560 million, and revenue reached MVR 2 billion. The company has a market cap of MVR 4.6 billion and has been listed since 2016.

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Maldives Republic

Published

Mar 8, 2024

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Ooredoo Maldives approved a dividend of MVR 3.27 per share for 2023, totaling MVR 484 million, at its AGM attended by 123 shareholders and 60 proxy holders. The dividend increased by MVR 0.23 from 2022's MVR 3.04. The company's audited financial statements were approved, and KPMG was appointed auditor for 2024 with remuneration of MVR 940,620. Ooredoo reported a profit of MVR 685 million in 2023, up MVR 125 million from 2022's MVR 560 million, and revenue reached MVR 2 billion. The company has a market cap of MVR 4.6 billion and has been listed since 2016.

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