Cairo – Mubasher: The ordinary general meeting of Al Ezz for Ceramics and Porcelain (Gemma) approved Tuesday paying out cash dividends at EGP0.25 per share, or a total of EGP12.7 million for the fiscal year 2015.

In 2014, the company distributed dividends at EGP0.40 per share, totaling EGP20.4 million

Shareholders also ratified  the financial statements as well as the reports of the board and auditor for the same fiscal year.

The company earned EGP28.8 million in 2015, compared to EGP48.45 million in 2014.

Gemma operates with EGP255.2 million capital, distributed over 51 million shares at a par value of EGP5 each.