Arab Finance: Oriental Weavers Carpets approved the distribution of cash dividends of EGP 1.064 billion or EGP 1.60 per share for 2024, as per a bourse disclosure.
The dividends will be disbursed to shareholders over three installments during April, July, and October 2025.
The EGX-listed firm’s consolidated net profits attributable to the parent company surged by 25.97% year-on-year (YoY) to EGP 2.192 billion in 2024 from EGP 1.740 billion.