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Saudi Egyptian Investment's profits increase to EGP 23M

Saudi Egyptian Investment's profits increase to EGP 23M

ArabFinance: Saudi Egyptian Investment & Finance (SEIG) (SEIGA) announced, in a statement sent to EGX, the Board of Directors (BoD) held on Feb. 13.

The company's BoD approved financial results for the financial period and ending Dec. 31, 2019, which revealed posting tax-deducted profits of EGP 23.268 million, compared to net profits of EGP 22.315 million a year earlier, with a 4.27% profit increase.

Moreover, the board proposed a cash dividend of EGP 1 per share for FY 2019. 

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