During its recent assembly meeting, Contracting and Marine Services Company approved the distribution of cash dividends of 5% per share. The meeting also involved a review of the company's financial performance for the fiscal year ending on December 31, 2023. 

 Eng. Ali Daghim Al-Shammari, the Chairman of the Board of Directors and CEO, disclosed that the company achieved a net profit of KD 3.5 million in 2023, translating to a profit of 15.6 fils per share, a significant rise from 9.97 fils in 2022. He emphasized the company's improved performance, particularly in the profits generated by both the company and its subsidiaries during the year. This positive trend was evidenced by the increase in shareholders' equity, reaching KD 54.3 million in 2023, compared to KD 51.8 million in 2022. 

Trading in Contracting and Marine Services Company concluded at 80.3 fils per share at the close of the week's trading.