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Suez Cement’s OGM to consider EGP1/shr dividends 24 March

Suez Cement’s OGM to consider EGP1/shr dividends 24 March
Photo Credit: Arabianeye - Reuters
Suez Cement
SUCE
-12.19% 28.10 -3.90

Mubasher – Cairo: Suez Cement’s ordinary general meeting (OGM) will be convened on 24 March to look into distributing cash dividends at EGP 1 per share for the fiscal year 2015.

Shareholders will also examine the financial statements for the same year.   

The company’s FY15 consolidated losses reached EGP60 million, against EGP499.7 million profits in 2014. Meanwhile, FY15 standalone profits decreased to EGP361 million from EGP478.9 million in 2014.