Egypt's Oriental Weavers to issue dividend of 0.4 pounds per share

Reuters , Wednesday 15 Apr 2015

Egypt's Oriental Weavers , will pay a dividend of 0.4 Egyptian pounds ($0.05) a share, the world's biggest machine-woven carpet maker said on Wednesday in a statement to the bourse.

The company last month reported a 2014 net profit of 377.47 million pounds, up from 369.21 million a year earlier.

($1 = 7.6250 Egyptian pounds)

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