Sohar International shareholders approve 3 per cent dividend and bonus shares during its AGM & EGM

Sohar International shareholders approve 3 per cent dividend and bonus shares during its AGM & EGM

Commenting on the bank's overall performance, Mohammed Mahfoudh Al Ardhi, Chairman, said, "Sohar International's momentum continues to propel it forward amidst challenging conditions.. We thank our valued customers, Board of Directors, regulators and shareholders for their continued support.". The AGM approved the Directors' Report, Corporate Governance Report, Board Performance Report, Auditor's Report, and financial statements for the year ended December 31, 2019.. , the AGM approved the statutory auditors for the financial year ending December 31, 2020, as well as the appointment of a Shari'a Audit Committee for Sohar Islamic, the Islamic banking window of the Bank.. It is important to note that the Bank recorded significant growth in net profit for the year ending December 31, 2019, amounting to RO 34.406 million, representing an increase of 17.2 per cent compared to the previous year..