Cosumar, Lesieur Cristal and Eaux Minérales d’Oulmes among the profitable companies cancelling dividends
No less than 15 companies listed on the Casablanca Stock Exchange have already decided not to distribute any share of profits to shareholders, even though the majority report an improved financial performance.
28/04/2020 at 16h45, by Africa Business+
Some 15 companies listed on the Moroccan stock market which have, as of 24 April, called their shareholders to general meetings, intend to put the allocation of all annual profits to reserves to an investors’ vote in order to address the uncertainties surrounding the Covid-19 pandemic.
Recommended articles
Agri-food industry
14/05/2020 at 18h14, by Tarik Bargal
Cosumar gets ready to start production at its Durrah sugar refinery in Saudi Arabia
After launching a packaging company in West Africa at the beginning of the year, the Moroccan subsidiary...