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Arab Engineering to distribute dividends of EGP 0.375/shr

Arab Engineering to distribute dividends of EGP 0.375/shr
Photo Credit: Arabianeye-Reuters

Arab Engineering Industries ordinary general meeting approved dividend payout of EGP 0.375 per share at total amount of EGP 2.265 million for 2014.

The company posted net profits of EGP 4.7 million ($616,000) for 2014, compared with EGP 8 million ($1.04 million) for 2013.

Arab Engineering is capitalised at EGP 22.7 million, divided into 6.04 million shares at EGP 3.75 par value each.