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Ooredoo decides to distribute about USD 30 million as dividend

Ooredoo Maldives has decided to distribute about USD 30 million as dividend for the financial year 2017.
The amount of dividend was passed at the second Annual General Meeting of Ooredoo Maldives, which was attended by 89 shareholders. The net profit of the company was USD 37.4 million in 2017, according to Ooredoo.
2017 was a successful year for Ooredoo Maldives, Director, Sales and Distribution Hussain Niyaz expressed while speaking to the press. Highlighting the major achievements of the year, the Director added Ooredoo introduced 4G network service to all of Maldives.