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Oriental Weavers Carpet's OGM nods to EGP 1/shr dividends

Oriental Weavers Carpet's OGM nods to EGP 1/shr dividends
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Oriental Weavers
ORWE
3.08% 24.12 0.72

Cairo – Mubasher: The ordinary general meeting (OGM) of Oriental Weavers Carpet has approved a cash dividend distribution of EGP 1 per share for 2021.

It is noteworthy to mention that in 2021, the company's consolidated net profits increased by 9% to EGP 1.21 billion, compared to EGP 1.11 billion in 2020, including minority shareholders' rights.