ArabFinance: Egyptian International Pharmaceutical Industries Company (EIPICO) (PHAR) will distribute annual cash dividends of EGP 2.95160 per share on April 28th, according to the companys statement filed the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on April 25th.

The companys consolidated net profit reached EGP 487.4 million in 2020.

EIPICO is an Egypt-based public shareholding company that operates in the pharmaceutical industry. It is a manufacturer and exporter of pharmaceuticals and holds license agreements with a group of international pharmaceutical companies to produce their products locally and replace the imported ones.

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