Minapharm Pharmaceuticals announces payout date of EGP 2.7/share
The company stated the dividend will be disbursed to the shareholders recorded on May 25
By Staff Writer, Arab Finance
Egypt - Minapharm Pharmaceuticals will distribute annual cash dividends of EGP 2.70 per share on May 30th, according to the company’s May 9thstatement filed the Egyptian Exchange.
The company stated the dividend will be disbursed to the shareholders recorded on May 25th.
Minapharm posted a consolidated net profit of EGP 300.78 million in 2020, compared to EGP 414.091 million in 2019.
In late March, the pharmaceutical company acquired 96.79% of Germany-based ProBioGen.
Minapharm Pharmaceuticals is an Egypt-based company engaged in the production and distribution of pharmaceutical products. It is in cooperation with several international pharmaceutical companies and it distributes its products within and outside Egypt.
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