Cairo – Mubasher: Egypt Kuwait Holding Company (EK Holding) board of director gave a nod to distributing cash dividends for the fiscal year 2015 at 5% of the stock’s nominal value.
The dividends will amount to $0.0125 per share at total amount of $12.8 million, according to Mubasher calculations.
The company’s consolidated financial statements for 2015 reflected net profits of $36.3 million, against losses of $95.4 million in 2014.
Meanwhile, the company’s unconsolidated financial statements for 2015 showed net earnings of $32 million, down 47% from $60.1 million in 2014.
