Cairo-Mubasher: International Dry Ice (DIFC) said on Sunday its board approved increasing the issued capital by EGP 2.3 million, through distributing one-for-three bonus shares.
The capital will accordingly be increased to EGP 9.3 million from EGP 7 million. The move will be financed from retained earnings as well as the earnings of the fiscal year ended 31 December 2015.
FY15 net earnings reached EGP 290.4 million, compared with EGP 1 million a year earlier.