Ezz Dekheila sets annual dividend at LE35

Reuters, Sunday 28 Aug 2011

Shareholders of Ezz Dekheila Steel approve dividend at their annual meeting on Saturday

Shareholders of Ezz Dekheila Steel, a unit of Egypt's Ezz Steel, approved a dividend of LE35 per share from 2010 profits at their annual meeting on Saturday, the stock exchange said.

Ezz Dekheila said this month its net profit rose 16 per cent last year to LE668.7 million ($112.2 million).

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