Cairo – Mubasher: Emaar Misr for Development Company’s shareholders adopted yesterday the financial statements of the fiscal year 2015 and the board of director’s report on the year, according to a bourse filing released on Thursday.
The ordinary general meeting (OGM) also approved the auditor’s report on the company’s activities during 2015.
The company’s profits reached EGP 854.7 million ($96.26 million) in 2015, compared with EGP 417.9 million ($47.06 million) in the previous year.
The board of directors earlier recommended to freeze the dividends for 2015.
