The Maldives Transport and Contracting Company (MTCC) has approved a dividend of MVR 2 per share from its 2024 profits, marking a decrease from last year’s MVR 3 per share. The decision, endorsed by 99.95 per cent of shareholders during MTCC’s Annual General Meeting on Tuesday, reflects a lower net profit of MVR 44.8 million – a 53.6 per cent drop from 2023. Shareholders also approved the 2024 financial statements, reappointed Deloitte Partners as external auditor, and endorsed other key resolutions during the meeting.