Our Network

Register for our free newsletter

 
 
Latest News

Arafa to distribute one-for-10 bonus share

The company also distributed one share for every 10 held last year.

0

January 4, 2011 11:55 by



Arafa Holding , Egypt’s biggest garment exporter, has approved a one share dividend for every 10 owned, it said on Tuesday.

The company also distributed one share for every 10 held last year. It did not give a date for this year’s distribution.

Arafa’s net profit for the nine months from February to October was $13 million, up from $6 million a year earlier. Arafa’s financial year ends on Jan. 31.

(Writing by Shaimaa Fayed; Editing by Dan Lalor)



0

Tags: , , ,

Leave a Comment