Cairo – Mubasher: The ordinary general meeting of Rowad Misr Tourism Investment approved withholding cash dividend payout for the fiscal year 2015, according to a bourse filing.
Based on FY15 statements, the company’s distributable earnings stood at EGP 128.5 million, while its accumulated retained earnings reached EGP 131.7 million.
In addition, the extraordinary meeting ratified FY15 financial statements, the clearance of B o D members from liability as well as B o D reshuffle.
During 2015, the company earned a net of EGP 6.2 million compared with EGP 10.9 million a year earlier in 2014.
