The Sharjah Cooperative General Assembly approves a 20% dividend distribution

The General Assembly of Sharjah Cooperative approved, with a vote of the majority of members, the distribution of cash returns of 10% on the capital, and 10% on shareholder purchases for the work of the fiscal year 2025, and it was decided to deliver these profits before the blessed Eid Al-Fitr.

The cooperative’s annual meeting witnessed the official approval of the Board of Directors’ report, the results of the audit, the balance sheet, and the profit and loss accounts for the financial year ending on December 31, 2025.

The decisions also included discharging the members of the Board of Directors and auditors from their management for the year 2025, and authorizing the General Assembly of the Board of Directors to appoint an auditor for the fiscal year 2025.