Cairo – Mubasher: The ordinary general meeting (OGM) of the Egyptian International Pharmaceutical Industries (EIPICO) approved procedures to distribute cash dividends for 2019.
The company’s shareholders decided to distribute EGP 4 per share as dividends, totalling EGP 396.68 million for last year’s earnings, according to a bourse statement on Sunday.
During 2019, EIPICO’s net profits fell to EGP 671.4 million from EGP 701.3 million a year earlier.
