Tourah Portland Cement To Distribute EGP 2.8/Share For Today Session Shareholders

Tourah Portland Cement Co (TORA.CA) declared cash dividends no. (19) of EGP 2.80 per share payable on 23/04/2012.

Shareholders as of closing session of 18/04/2012 are entitled to cash dividends distribution.

The cash dividends shall be distributed through the MCDR’s accredited centers.

This comes after the ordinary general assembly of the Faisal Islamic Bank of Egypt,  held on April 4th, agreed to distribute to the shareholders cash dividends of the gains posted during the fiscal year ended on December 31st, 2011.

The company posted net profits of EGP 196.999 million during 2011, lower 55.5%, noting that the net profits achieved in 2010 valued at EGP 442.964 million.

The issued capital of Tourah Portland Cement Co values at EGP 357.621 million distributed to 71.524 million securities within a par value of EGP 5 a share.