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GB Auto to pay LE 3.09 dividend - Daily News Egypt

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GB Auto to pay LE 3.09 dividend

GB Auto, Egypt’s biggest listed automobile assembler, will pay a LE 3.09 ($0.54) dividend on Oct. 3, it announced in a newspaper advertisement on Wednesday. The dividend will be paid to investors owning shares as of Sept. 30. The company’s second-quarter net profit surged 92 percent from a year earlier, bolstered mainly by an extended …


GB Auto, Egypt’s biggest listed automobile assembler, will pay a LE 3.09 ($0.54) dividend on Oct. 3, it announced in a newspaper advertisement on Wednesday.

The dividend will be paid to investors owning shares as of Sept. 30.

The company’s second-quarter net profit surged 92 percent from a year earlier, bolstered mainly by an extended sales recovery from a slump in 2009.

GB Auto’s share closed 0.4 percent higher on Tuesday at LE 37.64, while the benchmark index inched down 0.04 percent.

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https://dailyfeed.dailynewsegypt.com/2010/09/15/gb-auto-to-pay-le-309-dividend/
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