Cairo-Mubasher: Arab Engineering Industries will hold an ordinary general meeting on 23 March to consider the financial statements of the fiscal year ended 31 December, 2015.
Shareholders will discuss the board’s recommendation of paying 10% cash dividends or EGP 0.375 a share, with a total of EGP 2.3 million ($293,704).
The Egyptian company posted profits worth EGP 2.8 million ($357,553) during the fiscal year 2015, 38% lower from EGP 4.5 million ($574,639) in 2014.
