Amman, May 2016 – OFFTEC Holding Group’s (OHG) Shareholders General Assembly has announced a growth of 60% in last year’s net profits compared with the same period during 2014. The announcement was made at the Landmark Amman Hotel during the annual Ordinary General Assembly Meeting for shareholders, which was followed by the Extraordinary General Assembly Meeting.

Both Ordinary and Extraordinary General Assembly Meetings were headed by OHG Chairman, Elias Baddour, in the presence of Muath Rababa, representative from the Companies Control Department; OHG CEO, Basim Said; Dr. Nabil Nasser, Financial Manager; and Walid Taha, the external auditor.

During the meeting, the General Assembly discussed the consolidated statements for the year ended 31 December 2015, and the company’s future plans in light of the significant growth in net profits. Additonally, an external auditor was elected for the new fiscal year 2016.

The General Assembly praised the positive results achieved by the Group and the notable increase in profit compared to previous years.