STO annual general assembly to be held on 16th May

The State Trading Organization (STO) will hold their annual general assembly on 16th May.

STO, the state’s main wholesale and retail arm, will be giving out dividends to its shareholders and publicising their year-end report at the general assembly.

The company’s board of directors in April set the dividends for last year at MVR 58 per share.

For 2017, STO distributed dividends at MVR 55 per share; the company made MVR 7.5 billion in that year, with 211 million in profit.

In the first quarter of 2018, STO made 46 million, it made 47 million in the second quarter, and 65 million in the third quarter.

STO has made managerial reforms after the change in government following the 2018 presidential election.

The State Trading Organization (STO) will hold their annual general assembly on 16th May.

STO, the state’s main wholesale and retail arm, will be giving out dividends to its shareholders and publicising their year-end report at the general assembly.

The company’s board of directors in April set the dividends for last year at MVR 58 per share.

For 2017, STO distributed dividends at MVR 55 per share; the company made MVR 7.5 billion in that year, with 211 million in profit.

In the first quarter of 2018, STO made 46 million, it made 47 million in the second quarter, and 65 million in the third quarter.

STO has made managerial reforms after the change in government following the 2018 presidential election.

STO annual general assembly to be held on 16th May

Comments

Ooredoo offers special promotions for its customers for Ramadan

STO announces discount rates of goods for Ramadan

Ooredoo Maldives makes stock available for public

STO sets dividends for last year at MVR 51

STO slashes prices of essential goods ahead of LCE

On This Day

State import, export revenue plummets by MVR 86m in January

China's EXIM Bank eager to boost positive collaborations with Maldives

First batch of the 500,000 cans of tuna Maldives is donating to Turkey dispatched

Six students from Belarus to return this week

Maldives condemns military coup d’état in Myanmar

Mariyam Shafeeq appointed Managing Director of Aasandha

General Mansoor has been apprehended

STO annual general assembly to be held on 16th May

Comments

Ooredoo offers special promotions for its customers for Ramadan

STO announces discount rates of goods for Ramadan

Ooredoo Maldives makes stock available for public

STO sets dividends for last year at MVR 51

STO slashes prices of essential goods ahead of LCE

On This Day

State import, export revenue plummets by MVR 86m in January

China's EXIM Bank eager to boost positive collaborations with Maldives

First batch of the 500,000 cans of tuna Maldives is donating to Turkey dispatched

Six students from Belarus to return this week

Maldives condemns military coup d’état in Myanmar

Mariyam Shafeeq appointed Managing Director of Aasandha

General Mansoor has been apprehended