Canal Shipping Agencies cuts dividends payout for FY15/16
Canal Shipping Agencies
CSAG
CSAG
Cairo – Mubasher: Canal Shipping Agencies reduced the dividends distribution for the fiscal year 2015-2016 to EGP 0.1664 per share instead of EGP 0.1685 per share.
The shareholders share in total dividends declined from EGP 33.7 million to EGP 33.28 million.
The company reported net profits of EGP 55.07 million ($6.16 million) during FY15/16.
Source:
Mubasher
