Egypt - Misr Cement (Qena) (MCQE) will distribute cash dividends of EGP 0.250 per share on May 21st, according to the company’s statement filed the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on May 18th.

It targeted achieving net profit after in 2020 of EGP 73.06 million compared to EGP 35 million posted in 2019.

Misr Cement Co SAE is an Egypt-based company engaged in manufacturing and marketing of cement and cement-related products in Egypt and abroad. In addition, the Company is involved in the production and distribution of construction materials, as well s dealing in all types of construction supplies and equipment.

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