SPINALEX pays coupon at EGP 0.06/shr today

Alexandria for Spinning & Weaving (SPINALEX) will start today, Monday, July 25, 2011, paying coupon No. 41 at EGP 0.06 per share, to shareholders of record till the close of trading on Wednesday, July 20th.

The company’s financial statements for the first nine months of FY10/11 reflected a 107.7% soar in bottom line to EGP 22.475 million, compared with EGP 10.82 million in the year-ago period.

The EGX-listed spinning company operates with issued and paid-in capital of EGP 596.467 million, divided into 298.233 million shares at EGP 2 par value each.