Acrow announces payout date of EGP 1.75/shr

Updated 12/6/2020 11:58:00 AM

ArabFinance: Acrow Formwork Technology will distribute on December 24th annual cash dividends of EGP 1.750 per share for 2019, according to the company’s December 6th statement filed the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on December 21st.

Acrow posted a consolidated net profit before minority interest stood at EGP 64,598,225 in the January-September 2020, compared to EGP 75,774,788 achieved in the prior-year period.

Established in 1977 and listed on EGX in 1982, the listed company operates within the capital goods sector, focusing on construction and engineering.