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Arab Moltaqa shareholders OK EGP 0.50/share dividends

Arab Moltaqa shareholders OK EGP 0.50/share dividends
Photo Credit: Arabianeye-Reuters
Arab Moltaqa Investments
AMIA
-6.67% 2.24 -0.16

Arab Moltaqa Investments’ ordinary general meeting approved a dividend payout of EGP 0.50 per share.

The company reported net profits of EGP 39.6 million for 2014, compared with EGP 23.1 million for 2013, a rise of 71%.

The company is capitalised at EGP 197.94 million, divided into 19.8 million shares at EGP 10 par value each.