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AMOC's OGM oks distributing EGP 0.35/share from FY 2018/19 profits

AMOC's OGM oks distributing EGP 0.35/share from FY 2018/19 profits

ArabFinance: Alexandria Mineral Oils Company's (AMOC) ordinary general assembly ratified on September 28, financial results for the fiscal period ending June 30, 2019.

The OGM approved profit distribution attributable to shareholders of EGP 452,025,000 (EGP 0.35/share).  The dividends will be disbursed in two installments; the first installment will amount to EPG 0.25 and the second one will amount to EGP 0.10 for shareholders recorded on October 21, 2019.

It is worth mentioning that the board approved the capital budget for FY 2019/2020 of EGP 416 million. 

Read More: AMOC profit decline 70% ending June 2019

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