The National Carton Industry approves a 10% dividend

Nablus: The General Assembly of the National Carton Industry approved the board of directors recommendation to distribute cash dividends to shareholders for the fiscal year ending on 12/31/2021 at a rate of 10% of the nominal value of the share.
This came during its regular meeting held on Thursday 04/21/2022 at the company’s headquarters in the city of Nablus. The meeting was chaired by the Chairman of the Board of Directors of the company, Mahdi Al-Masry, in the presence of the company’s general manager, Abdel Nasser Dwaikat, the representative of the Companies Controller, Yousef Judeh, the representative of the Palestine Exchange, Thamin Kayed, in addition to a number of shareholders.
The administrative and financial reports for the year 2021 were also read and approved, in addition to the discharge of the Board of Directors and the re-election of Ernst & Young as an external auditor for the current year 2022, and authorizing the Board of Directors to determine their fees.
And in his recitation of the administrative report of the work of the General Manager to achieve sales growth in net profits for the operation and operation of sustainable production lines in the supply chain for all production inputs, and to rationalize spending and the progress that was accompanied by the administrative and technical staff working in the company.
The financial report summarized the financial report for the year 2021. Watch a full view:

• Operating profits for the year 2021 amounted to $1,365,725, compared to $1,084,803 for the year 2020.
• The company's results also showed a growth in sales by 25.90%, while the company's net profit after tax amounted to $1,147,856, compared to $804,308 during the year 2020.
• On the other hand, the return on investment was 13.15%, compared to 10.32% for the year 2020.
In conclusion, Mr. Al-Masri thanked the company's shareholders for their trust and the members of the board of directors and the executive management for their generous efforts. He also thanked the company's customers and suppliers who are partners in the company's successes and its bidding process.

Leave a Comment

Your email address will not be published.

EN

Half Slotted Container (HSC) is similar to Regular Slotted Container without one set of flaps, leaving the top uncovered. All flaps have the same length, and the two outer flaps meet at the center of the box when erected. If a level bottom is required, a fill-in pad can be placed between the two inner flaps.  

Regular slotted Container (RSC) is the typical box construction that results in four flaps on the bottom box opening and four flaps at the top opening

Half Slotted Container (HSC) Same as the Regular Slotted Container without one set of flaps, leaving the top uncovered. All flaps have the same length, and the two outer flaps meet at the center of the box when erected. If a level bottom is required, a fill-in pad can be placed between the two inner flaps.

The Full Overlap (FOL) box is a heavy-duty box for heavy-duty purposes. The flaps on this style extend all the way to the opposite side of the box when folded, completely overlapping each other. This adds stacking and structural strength to the box, making it ideal for storing or shipping heavy items

The custom AFM is a very strong box due to the fact that all flaps meet at the center creating a double layer of the thickness of the custom corrugated board. 

Die cut boxes are highly customizable corrugated cardboard boxes designed to fit any shape, size, or need. They are known as die cut boxes because they are cut from plain sheets of corrugated material on a machine known as a die press (or die cutter)

BOTTOM PUSH LOCK cartons box, with a push lock bottom, no tape required for bottom assemble. Also available in white and a heavy duty stock. 

CARRY PACK:-type boxes consist of basically one piece with a glued, stitched or taped manufacturers joint and top and bottom flaps. They are shipped flat, ready to use and require closing using the flaps provided. 

POTATO BOX  A slotted-type boxes consist of basically one piece with a glued, stitched or taped manufacturers joint and top and bottom flaps. They are shipped flat, ready to use and require closing using the flaps provided.

4 CORNERS GLUED is a telescope-type boxes consist of more than one piece and are characterised by a lid and/or bottom telescoping over the body of the box.

Octabin Jumbo boxes consist of more than one piece and are characterised by a lid and/or bottom telescoping over the body of the box.

Wrap Around case packers: cardboard trays are folded around the product laterally closing by four short flaps. It is the model commonly used for transporting bricks (milk, juice, etc.), tiles and, to a lesser extent, bottles 

Die cut self lock Folder-type boxes and trays usually consist of only one piece of board. The bottom of the box is hinged to form two or all side walls and the cover. Locking tabs, handles, display panels etc., can be incorporated in some designs

Die cut tray self Folder-type boxes and trays usually consist of only one piece of board. The bottom of the box is hinged to form two or all side walls and the cover. Locking tabs, handles, display panels etc., can be incorporated in some designs.

Die cut self lock Folder-type boxes and trays usually consist of only one piece of board. The bottom of the box is hinged to form two or all side walls and the cover. Locking tabs, handles, display panels etc., can be incorporated in some designs.

Tetra Tray Folder-type boxes and trays usually consist of only one piece of board. The bottom of the box is hinged to form two or all side walls and the cover. Locking tabs, handles, display panels etc., can be incorporated in some designs.

Die cut self lock Folder-type boxes and trays usually consist of only one piece of board. The bottom of the box is hinged to form two or all side walls and the cover. Locking tabs, handles, display panels etc., can be incorporated in some designs.

Bottom crush lock box is Ready-glued cases consist of basically one piece, are shipped flat and ready to use by simple setting up.

Crush lock is a ready-glued cases consist of basically one piece, are shipped flat and ready to use by simple setting up.

Sleeve is for Interior fitments such as inside liners, pads, partitions, dividers etc., whether tied to Case Design or as singular items. Any shown number of panels is arbitrary and may be increased or decreased as required.

Regular Slotted Tray is for Interior fitments such as inside liners, pads, partitions, dividers etc., whether tied to Case Design or as singular items. Any shown number of panels is arbitrary and may be increased or decreased as required.

Shelf-ready packaging: SRP and Retail Ready Packaging: [SRP}  refers to the packaging of a product so that it is delivered to a retailer in packaging which is optimized for efficient stocking and sale.