Cairo – Mubasher: Alexandria Mineral Oils Co (AMOC) said its board of directors suggested paying cash dividends of EGP 4 per share for the fiscal year 2015/16.
The company said the shareholders stake in the dividends payout amount to EGP 344.4 million ($38.9 million).
AMOC saw net profits of EGP 435.4 million ($49.2 million) in FY14/15, up from EGP 340.2 million ($38.4 million) for the same period of the preceding year.