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Cairo Educational Services' OGM approves EGP 1/shr coupon distribution

Cairo Educational Services' OGM approves EGP 1/shr coupon distribution
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Cairo Educational Services
CAED
-18.37% 18.00 -4.05

Cairo – Mubasher: The ordinary general meeting (OGM) of Cairo Educational Services has approved a coupon distribution of EGP 1 per share for the fiscal year ending 31 August 2021.

The coupon distribution aggregates at a total amount of EGP 12 million, according to a bourse filing on Sunday.

It is noteworthy to mention that during the fiscal year ending 31 August 2021, the company's net profits increased to EGP 19.56 million from EGP 17.68 million in the year-ago period.