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Golden Textiles board proposes EGP 0.499 dividend payout

Golden Textiles board proposes EGP 0.499 dividend payout
Photo Credit: Arabianeye-Reuters
Goldentex
GTWL
0.33% 48.75 0.16

Cairo – Mubasher: The board of directors of Golden Textiles and Clothes Wool proposed dividend payout of  EGP 0.499 per share at total amount of EGP 7.14 million, as a first payment of the shareholders share in the dividends distribution.

The company said its deferred dividends amounted to EGP 11.17 million.

Golden Textiles posted net profits of EGP 11.79 million in 2015, up from EGP 2.77 million in 2014.