Shareholders in Egypt’s GB Auto approved a LE 1 ($0.18) per share cash dividend on Wednesday, a Reuters source at the firm’s annual meeting said. The automotive assembler posted a better-than-expected fourth quarter profit of LE 89.9 million earlier this month. The dividend payout is the company’s first.
Shareholders in Egypt’s GB Auto approved a LE 1 ($0.18) per share cash dividend on Wednesday, a Reuters source at the firm’s annual meeting said.
The automotive assembler posted a better-than-expected fourth quarter profit of LE 89.9 million earlier this month.
The dividend payout is the company’s first.
