Maldives Transport and Contracting Company (MTCC) resolved to declare a dividend of MVR 3 per share in their Annual General Meeting.
The decision was made at their virtual 2020 Annual General Meeting, which was held via FahiVote, and was approved by 86 members.
In addition, the meeting approved PricewaterhouseCoopers (PwC) as MTCC’s auditor for the coming year.
In 2020, MTCC reported revenue of MVR 1.38 billion and a net profit of MVR 190.69 million, a 258 percent increase over 2019.
Furthermore, during the meeting, MTCC announced the newly appointed board of directors for the upcoming fiscal year.