The board of Computer Stationery Industry SAOG recommended cash dividend proposal of 10% subject to the approval of shareholders in the Annual General Meeting proposed to be held on March 8, 2017.

The company reported audited group and parent earnings results for the year ended December 31, 2016. For the year, on group basis, the company reported sales revenue of OMR 1,904,429 against OMR 2,596,353 a year ago. Profit after tax for the year was OMR 125,550 against OMR 367,552 a year ago.

For the year, on parent basis, the company reported sales revenue of OMR 558,673 against OMR 656,609 a year ago. Profit after tax for the year was OMR 109,865 against OMR 253,839 a year ago.

The company has appointed Mr. Ashraf Adel Mohamed as Compliance Officer of the company.