ArabFinance:International Company for Leasing (Incolease)
will distribute annual cash dividends of EGP 2.5 per share on December 15th
, according to the company’s November 29th
statement filed the Egyptian Exchange.
The company stated the dividend will be disbursed to the shareholders recorded on December 10th.
Incolease reported a net profit after tax stood at EGP 60,651,812 in the January-September period of 2020, a 25% decline from EGP 81,134,311 achieved in the prior-year period.
Incolease is an Egypt-based company engaged in the provision of customer service and personalized financial solutions.
The company leases a range of assets, including commercial vehicles, machinery, information technology equipment, production lines, real estate, and others tangible and intangible long-term assets.
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