04 Mar 2021 - 8:34 Sachin Kumar/ The Peninsula The financial position of Qatar Aluminium Manufacturing Company (QAMCO) continues to remain robust despite several macroeconomic headwinds, said Chairman of the Board of Directors, QAMCO, Abdulrahman Ahmad Al Shaibi. He was addressing shareholders in a virtual Annual General Assembly, held yesterday. The meeting approved the Board’s recommendation for a dividend payment of QR0.035 per share for 2020, representing 3.5 percent of the nominal share value. “QAMCO’s financial position continued to remain robust despite several macroeconomic headwinds, with the liquidity position at the end of December 31, 2020 reaching QR740m in form of cash and bank balances, including proportionate share of cash and bank balances of the joint venture, after accounting for dividend payments for 2019,” said Abdulrahman Ahmad Al Shaibi.