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Business

Suez Cement declares LE 3.9 dividend

DNE
Last updated: October 26, 2012 10:26 pm
DNE
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CAIRO: Suez Cement, Egypt’s largest listed cement maker by market value, is to pay a dividend of LE 3.9 ($0.658) per share, the bourse said on Wednesday.

The subsidiary of Italcementi posted a 4.9 percent fall last year in net profits to LE 1.2 billion.

Suez has about 26 percent of Egypt’s grey cement market and 42 percent of its white cement market.

 

 

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