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ISMQ’s OGM endorses EGP 29.3M dividends payment for FY 2021/2022

ISMQ’s OGM endorses EGP 29.3M dividends payment for FY 2021/2022

Arab Finance: The ordinary general meeting (OGM) of Iron and Steel for Mines and Quarries (ISMQ) has approved the cash dividends distribution proposal for fiscal year (FY) 2021/2022, according to a statement filed to the Egyptian Exchange (EGX) on October 20th.

Accordingly, the company will pay a total dividend of EGP 29.306 million to shareholders for FY 2021/2022.

In FY 2021/2022, the company achieved a net profit after tax of EGP 40.634 million, up from EGP 5.546 million in FY 2020/2021.

 

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