Remco’s shareholders to convene 5 May

Cairo – Mubasher: The ordinary general meeting of Remco for Tourism Villages Construction will be held on 5 May 2016.

The ordinary meeting will consider withholding 2015 cash dividends based on the proposal of the board.

Moreover, the ordinary meeting will look into a number of further items, including the financial statements as well as the reports of the board and auditor for the fiscal year 2015.

The company reported a net consolidated profit of EGP55.8 million for 2015, compared to EGP72.2 million for 2014.

Meanwhile, the standalone results revealed that 2015 profits grew to EGP7.3 million from EGP6.1 million a year earlier. 

Mubasher Contribution Time: 05-Apr-2016 08:49 (GMT)