Egypt: Acrow Misr’s board greenlights 2023 cash dividends

The board members approved a divined of EGP 3.75 per share

Staff Writer, Mubasher

October 24, 2024

PHOTO

Cairo – Acrow Misr for Scaffolding and Formwork announced cash dividends valued at EGP 206.45 million for 2023, according to a bourse disclosure.

The board members approved a divined of EGP 3.75 per share to be distributed from the retained earnings for the financial period ended on 31 December 2023.

Acrow Misr registered EGP 344.36 million in consolidated net profit during 2023, compared to EGP 113.11 million in 2022.

In the six-month period that ended on 30 June 2024, the company’s consolidated net profits after tax enlarged to EGP 558.37 million from EGP 237.55 million in H1-23.

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