Mubasher TV
Contact Us Advertising   العربية

AMOC's OGM approves EGP 194m dividend distribution for FY20/21

AMOC's OGM approves EGP 194m dividend distribution for FY20/21
The cash dividend distribution has aggregated at EGP 193.72 million
AMOC
AMOC
-0.40% 7.49 -0.03

Cairo – Mubasher: The ordinary general meeting (OGM) of Alexandria Mineral Oils Company (AMOC) has approved a cash dividend distribution of EGP 0.15 per share for the year ended 30 June 2021.

The cash dividend distribution has aggregated at an amount of EGP 193.72 million, according to a bourse filing on Sunday.

It is noteworthy to mention that in fiscal year (FY) 2020/2021, AMOC turned to net profits of EGP 499.28 million, against net losses of EGP 477.02 million a year earlier, including minority shareholders' rights, the consolidated financial results showed.