Misr Cement – Qena’s shareholders nod to dividends for 2019

The Egyptian company reported net profits of EGP 16.45mln

  

Cairo –  The ordinary general meeting (OGM) of Misr Cement – Qena approved cash dividend distribution for 2019.

The cement producer’s shareholders decided to distribute EGP 0.25 per share as cash dividends for last year’s earnings in May, according to a bourse statement on Tuesday.

It is worth mentioning that in 2019, the Egyptian company reported net profits of EGP 16.45 million, down from EGP 104.39 million in 2018, including minority shareholders’ rights.

Source: Mubasher

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