ArabFinance: Minapharm Pharmaceuticals (MIPH) will distribute cash dividends of EGP 6 per share on June 29th, according to the company’s June 24th statement filed the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on June 24th.

Minapharm reported a standalone net profit of EGP 18,479,771 in Quarter one (Q1) of 2020, a 185% climb from EGP 6,480, 017 achieved in Q1 2019.

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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