Cairo – Mubasher: Minapharm Pharmaceuticals was cleared by shareholders on Tuesday to distribute cash dividends for the fiscal year 2015.
The drug producer will pay EGP 55.3 million, or 45% of paid-in capital, in cash dividends at EGP 4.5 per share.
The company’s FY15 net profit amounted to around EGP 64.6 million, up from EGP 44.4 million reported in the same period a year earlier.