Ooredoo Maldives Plc has announced the approval of its proposed dividend, audited financial statements, and annual report for the financial year ending 31st December 2024. The decision was confirmed during the company’s Board of Directors meeting held on 6th February 2025.
The Board has recommended a dividend payout of MVR 3.43 per share for the year 2024, subject to shareholder approval. Shareholders registered by 14:00 hours on 18th February 2025 will be eligible for this dividend. If approved during the Annual General Meeting (AGM) in March 2025, dividend distribution is expected to commence the same month.
Additionally, the company has confirmed that its audited financial statements and annual report will be published by 22nd February 2025. These documents, along with the AGM notice and agenda, will be accessible via Ooredoo Maldives’ official website.
Ooredoo Maldives reported a revenue of MVR 2,203 million and a net profit of MVR 685 million for the 2024 financial year. The company remains a key player in the country’s telecommunications industry, offering a range of digital and connectivity solutions.
