Cairo – Mubasher: The ordinary general meeting (OGM) of Raya Holding for Financial Investment approved unanimously a cash dividend distribution of EGP 0.035 per share to shareholders.
The dividends will be paid from the net profits recorded during the nine-month period ended 30 September 2022, according to a bourse statement on Monday.
In the first nine months (9M) of 2022, Raya Holding achieved consolidated net profits after tax worth EGP 283.91 million, down from EGP 481.86 million in 9M-21, including minority shareholders' rights.
The company's standalone net profits after tax amounted to EGP 85.76 million in January-September 2022, lower than EGP 481.06 million in the year-ago period.
