Cairo -   Mubasher:  The board of Arab Valves Co. proposed cash dividends for 2015 at 5% of the issued capital, or EGP 0.05 a share, totaling EGP 2.5 million.

The company’s profits for 2015 jumped 21.4% year-over-year to EGP 5.7 million from EGP 4.7 million.

Meanwhile, its profits for the first nine months of 2015 dropped 14.9%.