Cairo – Mubasher: The ordinary general meeting (OGM) of Nozha International Hospital approved the board members’ recommendation of distributing cash dividends and bonus shares to the attributed shareholders for fiscal year 2018.
The shareholders nodded to paying 10% of the capital or EGP 0.60 as a cash dividend for FY18, according to a bourse disclosure on Monday.
Nozha Hospital’s extraordinary general meeting (EGM) also approved distributing a quarter share for each original share, therefore, the capital will be raised to EGP 67.5 million from EGP 54 million.
During, Nozha Hospital achieved EGP 43.13 million profits compared to EGP 36.26 million in FY17.
