Cairo – Mubasher: The board of Canal Shipping Agencies recommended a cash dividend distribution of EGP 1.15 per share for fiscal year 2019/2020.
The proposed dividends totalled EGP 231.8 million for the earnings of the last fiscal year, according to a bourse disclosure on Monday.
During the year ended 30 June, the company logged EGP 328.4 million in net profits, up from EGP 225.5 million in FY18/19.