Cairo – Mubasher: The board members of Delta for Construction and Rebuilding greenlighted a cash dividend distribution of EGP 3 per share for the first quarter (Q1) of 2023.
The announced cash dividends are still subject to the approval of the company’s ordinary general meeting (OGM), according to a recent bourse filing.
In the first three months (3M) of 2023, Delta Construction logged net profits after tax amounting to EGP 9.82 million, an annual rise from EGP 9.47 million.
Revenues declined to EGP 44.31 million in Q1-23 from EGP 57.36 million in Q1-22, while the earnings per share (EPS) increased to EGP 0.42 from EGP 0.36.
Meanwhile, the total assets hit EGP 614.88 million during Q1-23, versus EGP 599.36 million as of 31 December 2022.
