Cairo – Mubasher: The board of directors of Abu Qir Fertilizers recommended a cash dividend of EGP 1.5 billion or EGP 1.2 per share for the earnings of fiscal year (FY) 2020/2021.
No recommendations were made concerning the allocation of reserves, according to a bourse disclosure on Tuesday.
In FY20/21, Abu Qir Fertilizers achieved net profits of EGP 3.51 billion, up by 30.47% year-on-year (YoY) from EGP 2.69 billion.