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Egytrans plans EGP 0.75/shr dividends for 2020

Egytrans plans EGP 0.75/shr dividends for 2020
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EGYTRANS
ETRS
2.87% 6.10 0.17

Cairo – Mubasher: The board of directors of the Egyptian Transport and Commercial Services Co (Egytrans) recommended EGP 0.75 per share in cash dividends to shareholders for the year 2020.

The announcement was made by the company via a statement to the Egyptian Exchange (EGX) on Wednesday.

Last year, the company’s net profits plummeted by 59% to EGP 13.06 million, compared to EGP 31.82 million a year earlier.

Likewise, sales fell to EGP 216.06 million last year from EGP 246.77 million in 2019.