Logo of Phnom Penh Post newspaper Phnom Penh Post - GTI announces 2015 dividend payout

GTI announces 2015 dividend payout

A garment worker performs quality control checks on a jacket at a Grand Twins International’s factory in Phnom Penh’s Por Sen Chey district in 2014.
A garment worker performs quality control checks on a jacket at a Grand Twins International’s factory in Phnom Penh’s Por Sen Chey district in 2014. Vireak Mai

GTI announces 2015 dividend payout

Garment manufacturer Grand Twins International (GTI) will pay out a reduced cash dividend for 2015 as a result of net profits dropping by 70 per cent last year compared to 2014, the company said yesterday in a filing to the Cambodian Securities Exchange (CSX).

The company will distribute a total of $530,000, or $0.01 per share, on June 30. The dividend will be provided to shareholders on record as of June 21, 2016.