Arab Finance: Delta for Construction and Rebuilding’s (DCRC) ordinary general meeting (OGM) has approved disbursing cash dividends of EGP 3 per share to shareholders for the period ended on March 31st, 2023, according to a statement sent to the Egyptian Exchange (EGX) on July 24th.
It has also endorsed signing a contract with Delta for Agricultural Development worth EGP 81.434 million in Siwa, Marsa Matrouh.
In the first quarter (Q1) of the year, the firm posted a 3.63% year-on-year (YoY) rise in net profit after tax.
Delta is an Egypt-based public shareholding company engaged in the real estate investment sector.
The company’s activities include developing, owning, managing, buying, and selling residential real estate properties, as well as land subdivision and touristic projects development such as resorts and hotels.