Mubasher Egypt - 27 Sept .. Misr Chemical Industries Discusses Dividends

 Mubasher Egypt - 27 Sept .. Misr Chemical Industries Discusses Dividends

Cairo - Mubasher: Misr Chemical Industries said that the extraordinary general assembly scheduled for September 27, 2018 will consider dividends. The company will also consider the company 's financial statements for the fiscal year 2017-2018, the company said in a statement on the Egyptian stock exchange on Sunday. The assembly is discussing the restructuring of the company 's board of directors. At the level of the extraordinary work of the Assembly, the amendment of articles 21-31 of the Statute and the adjustment of the minor-color unit are discussed. Last month, the board of directors of Misr Chemical Industries proposed a cash dividend of 65 million pounds for the fiscal year 2017-2018, a pound per share. The company recorded a profit of LE 139.3 million during the fiscal year 2017-2018 compared to a loss of LE 23.8 million during the previous fiscal year. The company 's capital is 260 million pounds, distributed over 65 million shares, with a nominal value of 4 pounds per share.