Cmar's annual profits jump to LE5.7 m, proposes LE0.05/share payout

Updated 2/13/2017 1:52:42 PM

ArabFinance: Egyptian Arabian (Cmar) Securities Brokerage EAC (EASB) announced in a statement sent to EGX the audited financial results for the fiscal period starting January 1, 2016, and ending December 31, 2016.

The company posted net profits of LE5,758,990, versus net profits of LE1,434,609 in the same period a year ago.

It is worth mentioning, the company's Board of Directors proposed distribution of LE0.05 per every existing share for the profits ending December 2016.