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.