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Egypt Gas to distribute EGP 1/shr dividends for 2020

Egypt Gas to distribute EGP 1/shr dividends for 2020
Egypt Gas achieved net profits of EGP 84.632 million in 2020
Egypt Gas
EGAS
0.37% 40.20 0.15

Cairo – Mubasher: The ordinary general meeting (OGM) of Egypt Gas approved a cash dividend of EGP 1 per share for 2020.

The dividends will be paid in one or more installments depending on the company’s liquidity position, according to a bourse disclosure on Sunday. 

During 2020, Egypt Gas achieved net profits of EGP 84.632 million, down from EGP 164.95 million in 2019.