Egypt's Cleopatra Hospitals Group not to pay dividends for 2020

The OGM also decided to pay employees a profit share from last year’s earnings

  
A trader works at the Egyptian stock market in Cairo .

A trader works at the Egyptian stock market in Cairo .

REUTERS/Mohamed Abd El Ghany
Cairo –  The ordinary general meeting (OGM) of Cleopatra Hospitals Group (CHG) approved the board’s proposal for not distributing dividends to shareholders for 2020.

The OGM also decided to pay employees a profit share of EGP 29.5 million from last year’s earnings, the group said in a bourse disclosure on Sunday.

During 2020, CHG reported net profits of EGP 297.6 million, up from EGP 265.35 million in 2019, including minority shareholders’ rights.

Source: Mubasher

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