Amer Group shareholders endorse FY15 dividends

By Ahmed Allam

Cairo – Mubasher: The ordinary general meeting of Amer Group agreed on distributing cash dividends at 1.08 piaster per share for 2015, the company said on Saturday.

Shareholders also approved financial results, auditor’s report, as well as discharging the board members from liability for the year 2015.

Earlier, the company posted a 26.75% year-on-year rise in Q4 consolidated  net profits to EGP 56.48 million from EGP 44.56 million.

Meanwhile, annual net profits went down 21.2% to EGP 167.86 million from EGP 213.04 million. 

MUBASHER Contribution Time: 12-Mar-2016 19:53 (GMT)