Misr Beni Suef Cement announces payout date of EGP 1.5/share
Updated 8/31/2021 3:43:00 PM
ArabFinance: Misr Beni Suef Cement Company (MBSC) will distribute annual cash dividends of EGP 1.5 per share on September 9th, according to the company’s statement filed the Egyptian Exchange.
The company stated the dividend will be disbursed to the shareholders recorded on August 31st.
Misr Beni Suef’s net profit stood at EGP 37.42 million in Q1 2021, compared to EGP 59.37 million in the same period of the prior year.
Established in 1997, MBSC operates within the materials sector focusing on construction materials.
MBSC is located in the center of Egypt, 190 km south of Cairo. It started production in 2003 with a plant of one cement production line. In 2006, the company built one new cement production line.
