Sidpec’s OGM approves cash dividends for 2024

Updated 4/13/2025 11:07:00 AM
Sidpec’s OGM approves cash dividends for 2024

Arab Finance: Sidi Kerir Petrochemicals Company’s (Sidpec) ordinary general meeting (OGM) greenlighted dividends distribution of EGP 1 per share for 2024, as per a bourse filing.

The cash dividends will be disbursed in two instalments upon the company’s liquidity.

In 2024, the company’s net profits rose by 3.25% year-on-year (YoY) to EGP 2.539 billion from EGP 2.459 billion.

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