Cairo – Mubasher: The ordinary general meeting of Elsewedy Electric gave a nod to distribute dividends of EGP 1 per share, at total amount of EGP 223.42 million.
The manufacturer of cable and home appliance said earlier, it posted a surge of 230.7% in consolidated net profit or the first nine months of 2015.
The company’s nine-month profit netted EGP 1.1 billion, taking into account minority interest, up from EGP 333.9 million in the prior-year period
