ArabFinance: El Ezz Porcelain (Gemma) (ECAP) will distribute annual cash dividends of EGP 1 per share on June 7th, according to the company’s May 18th statement filed to the Egyptian Exchange.
The company stated the dividend will be disbursed to the shareholders recorded on June 6th.
Gemma achieved a net profit of EGP 15.67 million during the fourth quarter (Q4) of 2020, compared to EGP 10.42 million in Q4 2019.
Established in 1989, Gemma has become the leading manufacturer of high-end Ceramic and Porcelain tiles in Egypt and the Middle East.