Cairo - Mubasher: Zahraa Maadi Investment and Development’s net profits after tax increased by 28.99% year-on-year (YoY) to EGP 274.86 million in 2021, compared to EGP 213.09 million.
The earnings per share (EPS) stood at EGP 0.88 last year, versus EGP 0.67 in 2020, according to the unaudited income statements for 2021.
In the meantime, the company's board has recommended a cash dividend of EGP 0.30 per share for 2021, at a total value of EGP 79.2 million which represents 30% of the capital.
Earlier in February, the shareholders of Zahraa Maadi decided to increase the issued and paid-up capital to EGP 528 million.
