Cairo – Mubasher: Suez Canal Technology said it will hold ordinary general meeting on 9 March to discuss the distribution of cash dividends of EGP 1 per share.
The proposed dividends amount represents 10% of the company’s capital and expected to be distributed over two equal payments in 10 April and 29 July 2016.
The company said earlier, its net profits have declined 25.4% in the fiscal year ended 31 August 2015.