IDH sees 144.5% higher consolidated profits in 2021; dividends proposed

Cairo – Mubasher: Integrated Diagnostics Holdings (IDH) recorded consolidated net profits after tax worth EGP 1.49 billion in 2021, a hike of 144.40% from EGP 609.48 million in 2020.

The revenues enlarged to EGP 5.22 billion in 2021, compared to EGP 2.65 billion in the previous year, according to the financial results on Thursday.

The earnings per share (EPS) jumped to SAR EGP 2.35 in 2021 from EGP 0.99 in the previous year.

Meanwhile, the standalone net profits after tax reached $24.13 million last year, lower than $26.91 million in 2020.

The earnings per share went down to $0.040 in 2021, slightly down from $0.045 in 2020.

The company’s board suggested a cash dividend of EGP 2.17 per share for 2021, equivalent to a total amount of EGP 1.30 billion.

During the first nine months (9M) of 2021, IDH achieved consolidated net profits worth EGP 1.14 billion, a 206% year-on-year (YoY) jump from EGP 375.42 million.

Mubasher Contribution Time: 21-Apr-2022 15:53 (GMT)
Mubasher Last Update Time: 21-Apr-2022 15:57 (GMT)