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Bitumode nods to distribute EGP 12M cash dividends

Bitumode nods to distribute EGP 12M cash dividends

ArabFinance:  Modern Company for Water Proofing’s (Bitumode) - (WATP) ordinary general meeting (OGM) approved distributing profits attributable to shareholders of EGP 0.10 per share.

Total profits to be distributed will amount to EGP 11.9 million from the realized profits of 2018, as per a bourse filing Monday.

The OGM also agreed on the standalone financial statements for the fiscal period ending December 31, 2018.

 

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