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Misr Cement to distribute EGP 0.25 cash dividends

Misr Cement to distribute EGP 0.25 cash dividends

ArabFinance: Misr Cement Company (Qena) (MCQE) will distribute cash dividends of EGP 0.250 per share on May 21st, according to the company’s statement filed the Egyptian Exchange.

The company stated the dividends will be disbursed to the shareholders recorded on May 18th.

It targeted achieving a net profit after tax of EGP 73.06 million for 2020, compared to EGP 35 million posted in 2019.

The Egypt-based company is engaged in the manufacturing and marketing of cement and cement-related products in Egypt and abroad. In addition, the Company is involved in the production and distribution of construction materials, as well as dealing in all types of construction supplies and equipment.

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