EKH distributes FY17 dividends


(MENAFN) On Tuesday, Egypt Kuwait Holding (EKH) will start distributing the approved cash dividends.

EKH, which is listed on both Boursa Kuwait and the Egyptian Stock Exchange (EGX), will pay 5 cents per share to the entitled shareholders of record date on 19 April.

The ordinary general meeting (OGM) of EKH has approved 20% of the 25 cents par value as a dividend for FY17.

In FY17, EKH achieved a growth of 92.7% in profits to USD138.18 million compared to USD71.7 million in the previous fiscal year.


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