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B Investments to distribute EGP 0.50/shr dividends for 2018

B Investments to distribute EGP 0.50/shr dividends for 2018
Total dividends amounted to EGP 80 million
B Investments Holdings
BINV
-3.50% 20.97 -0.76

Cairo – Mubasher: B Investments Holdings’ shareholders approved the board’s proposal for distributing a cash dividend of EGP 0.50 per share for 2018 during an ordinary general meeting (OGM).

Total dividends amounted to EGP 80 million, according to a statement to the Egyptian Exchange (EGX) on Tuesday.

For the full-year 2018, the EGX-listed firm logged EGP 194.48 million in net profits, compared to EGP 131.65 million in the previous year.