MTCC Declares Dividend Per Share of MVR 3 for 2020

Maldives Transport and Contracting Company (MTCC) has declared a dividend of MVR 3 per share during 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.

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Furthermore, the meeting approved PricewaterhouseCoopers (PwC) as MTCC’s auditor for the coming year.

In 2020, MTCC reported a revenue figure of MVR 1.38 billion and a net profit of MVR 190.69 million, a 258 percent increase compared to 2019.

Additionally, during the meeting, MTCC announced the newly appointed board of directors for the upcoming fiscal year.

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