Al Fanar approves bonus share distribution
· Egyptian market news · ARAB
Al Fanar for Contracting, Construction, Trade, Import, and Export Company announced the ordinary general meeting's (OGM) approval to distribute bonus shares from the retained earnings account at a rate of one share per each share, as per a bourse filing.
The shareholders greenlighted the distribution during the general assembly’s meeting that was held on June 14 th.
At the end of March 2026, Al Fanar generated 92.83% year-on-year (YoY) lower net profits after tax at EGP 208,265 when compared to EGP 2.907 million.
Original source: www.zawya.com