Simba Cement: No Interim Dividend to Shareholders in 2022
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The company did not declare interim dividends to shareholders in 2022 to remain prudent with available cash resources in order to remain sustainable through the global economic recovery post Covid-19 and the unstable fuel prices currently affecting the local economy. The Board has decided to continue committing available current cash generated to the operational commitments. The Board will evaluate the financial performance throughout the remainder of 2022 financial year when considering the final dividend declaration.
To read & download the notice, click the following link