Arab Finance: The regular general assembly approved Sidi Kerir Petrochemical – SEDIC (SKPC)On 10-04-2025, on a cash distribution of one pound of an share, provided that the distribution is made to two aspects according to cash liquidity, according to Statement The Egyptian Stock Exchange.
It also decided to distribute free shares of 2024 profits with a nominal value of 2 pounds per share and a total value of 453.600 million pounds, at an share of each four shares.
On the results of the company's uninterrupted business on the end of the fiscal year in 31/12/2024The achievement of a net profit of 2.539 billion pounds, compared to a net profit of 2.459 billion pounds for the same period in the previous year, with a growth rate of 3.25%.
Sidi Kerir is the first integrative step in the petrochemical industry in Egypt, it always seeks to participate in achieving national goals such as producing added value products using the available raw materials as well as the development of local industries that depend on these products. Jasco ” – within the framework of the best production technologies based on energy saving and environmentally friendly, Egypt” is the brand of the company's products and is one of the best known products in the polyethylene industry locally and globally. The company also produces intermediate products such as stove and biotin.
Related news
