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Arab Finance – Determine the end date and distribute the Amok coupon


Determine the end date and distribute the AMOC coupon

Arab Finance: She declared Alexandria Mineral Oils Company – AMOC (AMOC)It was decided to distribute Coupon No. (20) at a rate of 0.75 pounds per share. The installment is paid in two installments The first: Its value is 0.45 pounds and will be disbursed as of 10/15/2024.

The second installment: Its value is 0.30 Egyptian pounds and it will be disbursed as of 02/12/2025, and thus the right to distribution is transferred to the share buyer until the end of the session on Wednesday 10/09/2024.

On the results of its consolidated and independent unaudited operations for the financial year ending on 06/30/2024; where Shown are the aggregated indicators Achieving a net profit of 1,753,143,393 pounds compared to profits amounting to 1,372,046,301 pounds during the comparative period of the previous year, with a change rate of 28%.

As for the independent indicators, they revealed that the company recorded profits amounting to 1,262,853,105 pounds, compared to profits amounting to 1,065,431,004 pounds, with a change rate of 19%.

On the results of its unaudited, independent and consolidated company operations for the financial period ending on 03/31/2024; The combined indicators showed achieving a net profit of 1,267,185,007 pounds compared to profits of 1,330,499,928 pounds during the comparative period of the previous fiscal year, according to statement Egyptian Stock Exchange.

Its purpose is to produce mineral oils and paraffin waxes, produce naphtha, gasoline, diesel fuel, wax distillates, diesel and gasoline, market the products at home and abroad, refine crude oil for its own account or for others, and fill and mix oils for the account of others.

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