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Wadi Touristic Investment shareholders approve dividend carryover

Wadi Touristic Investment shareholders approve dividend carryover
El Wadi International
ELWA
-3.86% 0.70 -0.03
The ordinary general meeting of El Wadi Touristic Investment endorsed the board and auditor’s reports, and the financial statements for the fiscal year that ended on December 31, 2013.

Shareholders approved dividend carryover to the next year, in addition to the discharge of board members from liability.

The company posted EGP 16,571,040 net profit in FY13, compared to EGP 15,449,878 in FY12.