Egypt’s Golden Coast El Sokhna Shareholders Approve FY2016 Cash Dividend

Egypt’s Golden Coast El Sokhna Shareholders Approve FY2016 Cash Dividend

Shareholders of the Golden Coast El Sokhna Company for Touristic Investment approve cash dividend of EGP 0.833 per share for the year 2016, according to the Egyptian Exchange

The company announces that its profits totalled EGP 10.65 mn in 2016, compared to EGP 7.26 mn the previous year, according to an EGX statement.

The company’s revenues grew to EGP 34.4 mn in 2016, up from EGP 12.58 mn a year earlier.

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