Asiacell decides to distribute 100% dividends and its president rewarded 300 million dinars

by **claud39** on Sun Jul 19, 2020 10:23 am

Asiacell decides to distribute 100% dividends and its president rewarded 300 million dinars

07/19/2020

The Economy News - Baghdad

The general assembly of Asiacell company decided to distribute 100% of the capital’s dividends to the shareholders, and grant an equivalent to the Chairman and Vice-Chairman of the Board of Directors for an amount of 300 million dinars.

According to the minutes of the general assembly meeting, which the Economy News obtained a copy of, it was decided to distribute a dividend of 100% of the capital.

And the president and members of the Asiacell Board of Directors declare their liability to the General Assembly, and it is decided to reward the president and his deputy with an amount of 300 million dinars each, in addition to rewarding each member of the council with an amount of 150 million dinars.

And Asiacell achieved profits during the year 2019 amounting to 165.7 billion dinars.

http://economy-news.net/content.php?id=21093

by **claud39** on Tue Jul 21, 2020 9:45 am

Asiacell achieved about 60 billion dinars in profits during the first quarter of this year

20/07/2020

Asiacell decides to distribute 100% dividends and its president rewarded 300 million dinars 2114

Asiacell decides to distribute 100% dividends and its president rewarded 300 million dinars 2114

Economy News - Baghdad:

Asiacell Telecom achieved profits during the first quarter of this year amounting to 59.9 billion dinars.

The company's revenues reached 356.7 billion dinars, up from the same period last year, at 5.4 billion dinars, while expenses, including tax and fees, reached 296.8 billion dinars.

The fixed assets decreased from 1.44 trillion dinars to 1.28 trillion dinars, due to the increase in projects under implementation.

http://economy-news.net/content.php?id=21112