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Ceramica Remas to distribute dividends of EGP 27M

Ceramica Remas to distribute dividends of EGP 27M

ArabFinance:  The Arab Ceramic Company (Ceramica Remas) (CERA) will distribute cash dividends of EGP 26,953,125, according to the company’s disclosure to the Egyptian Exchange on March 7th.

The net profit of Ceramica Remas hiked to EGP 30.52 million in 2020, compared 18.63 million in 2019.

 On a yearly basis, the company reported a 61% decline in its net profit in the first half of 2020, registering EGP 5.27 million.

Ceramica Remas is an Egypt-based public shareholding company engaged in the construction supplies industry sector. The company is primarily involved in the production and distribution of sanitary ware sets and ceramic tiles.

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