Cairo – Observer: Cedi Kerr Petrochemical Company says it has decided to raise the company’s issued capital from EGP 1.05 billion and GPI 1.26 billion, with financing from EGP 210 million retained earnings, on December 31. According to the financial statements ending at. , 2020.
The company added, in a statement given to the Egyptian Stock Exchange, that the excess was divided into 105 million free shares, with a nominal value of £ 2 per share, distributed to the company’s shareholders.
He explained that it was decided to distribute the free share at a rate of 0.2 shares per shareholder and buyer, before the actual trading period of each share of the company, ended on Monday, November 1, the trading session. General Chat Chat Lounge 2021.
The Company indicated that the free shares will be distributed by Arrow, November 2, 2021, taking into account today’s shares in favor of fragmented shareholders, from the time the stock expires to Central Central Clearing, Depository and Registry Company.
It is noteworthy that Sidi Kerry Petrochemical recorded a net profit of £ 283 million from the beginning of January to the end of June, compared with a loss of 28 million pounds during the same period last year.
The company’s sales rose during this month, recording 2.67 billion pounds at the end of June, compared to 1.67 billion pounds in the same period last year.
For trading and investing in the Egyptian Stock Exchange, click here
Sidi Kerry was profitable in the first quarter, with sales support