Cairo – Mubasher: Ferchem Misr for Fertilizers and Chemicals will hold its ordinary general meeting on 30 March 2016.
The ordinary general meeting will look into 2015 financial statements, the board’s report, and more importantly bonus-share distribution.
Earlier, the board recommended distributing 17-for-100 bonus shares for 2015, raising the issued capital to EGP 35.1 million from EGP 30 million.
The company’s net earnings for 2015 increased to EGP 4.38 million from 3.18 million in 2014.
In the first nine months of 2015, the company earned EGP 2.161 million, compared to EGP 2.178 for the year-ago period.
