Oriental Weavers Carpets announces EGP 1B dividends for 2024

Updated 4/8/2025 10:36:00 AM
Oriental Weavers Carpets announces EGP 1B dividends for 2024

 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.

 

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