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Raya Holding's shareholders approve dividends for Q1-21

Raya Holding's shareholders approve dividends for Q1-21
Raya Holding posted net profits of EGP 35.80 million in three months
Raya
RAYA
1.77% 4.60 0.08

Cairo - Mubasher: The ordinary general meeting (OGM) of Raya Holding for Financial Investments approved a cash dividend of EGP 0.045 per share for the period ended 31 March 2021. 

The shareholders also approved paying bonuses of up to EGP 52 million and EGP 29 million for some executives and employees of Aman Electronic Payment Technology and BariQ, respectively, the company said in a bourse disclosure on Monday.

During the first quarter (Q1) of 2021, Raya Holding turned to net profits of EGP 35.80 million, against net losses of EGP 68.80 million in the year-ago period, including minority shareholders’ rights.