EIPICO’s OGM endorses EGP3.5/shr dividends

Cairo – Mubasher: The ordinary general meeting of Egyptian International Pharmaceutical Industries (EIPICO) decided to pay out 2015 cash dividends at EGP3.5 per share, totaling EGP277.7 million, the company said in a bourse filing.

The company’s FY15 unconsolidated profits grew 16% year-over-year to EGP370.8 million from EGP320.3 million.

Meanwhile, its consolidated profits rose 14.9% year-on-year to EGP393.7 million from EGP342.7 million.

The stock closed Monday’s session higher 0.10% to EGP60 a share. 

Mubasher Contribution Time: 31-Mar-2016 08:17 (GMT)