Egypt: Sidpec’s OGM approves cash dividends for 2024

The cash dividends will be disbursed in two instalments upon the company’s liquidity

Staff Writer, Arab Finance

April 14, 2025

PHOTO
A general view of buildings by the Nile River in Cairo, Egypt January 30, 2021.

Arab Finance: Sidi Kerir Petrochemicals Company’s (Sidpec) ordinary general meeting (OGM) greenlighted dividends distribution of EGP 1 per share for 2024, as per a bourse filing.

The cash dividends will be disbursed in two instalments upon the company’s liquidity.

In 2024, the company’s net profits rose by 3.25% year-on-year (YoY) to EGP 2.539 billion from EGP 2.459 billion.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO