Pachin Paints announces payout date of dividend

ArabFinance: Paints and Chemical Industries (Pachin Paints) will distribute annual cash dividends of EGP 1 per share on two equal tranches, according to the companys January 5^thstatement filed the Egyptian Exchange.

The first tranche will be disbursed on January 27^th and the second will be on April 29^th.

The company stated the dividend will be disbursed to the shareholders recorded on January 24^th.

Pachin Paints achieved a consolidated net profit of EGP 20 million during the first quarter (Q1) that ended on September 30^th.

Paints and Chemical Industries Company (PACHIN) is an Egypt-based public shareholding company engaged in the production, marketing and distribution of paints, varnishes, industrial chemicals, printing inks, animal extracts and other related products.

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